Company News

Occidental Petroleum Corporation announced the election of William R. Klesse, chairman of the Board and CEO of Valero Energy Corporation, and Gene L. Batchelder, former senior vice president and chief administrative officer (CAO) at ConocoPhillips to its Board of Directors.

Sverdrup Steel UK Ltd, the International subsidiary of Sverdrup Steel AS, Norway, celebrates the completion of a successful first year of business and the award of NS- EN ISO 9001: 2008 accreditation. “The Sverdrup Steel Group is very happy with the first year of operations in the UK.

The Cherepovets Steel Mill, part of the Russian Steel division of OAO Severstal, boosted supplies to Russian mechanical engineering companies by 31,500t between January and August 2013.

Adding to its extensive capability in supplying material to the oil and gas industry worldwide, Sandvik has successfully been qualified according to NORSOK M650 edition 4 for the MDS R18 and MDS R11 standard for its seamless austenitic stainless steel hydraulic and instrumentation tube and pipe products in grade Sandvik 254 SMO (UNS S31254) for use in oil and gas applications. The NORSOK standards are developed by the Norwegian petroleum industry to ensure adequate safety, value adding and cost effectiveness for petroleum industry developments and operations.

KCI is developing as a media and information company. During the last few years we have opened offices around the world and developed new and successful concepts for brands and products.

POSCO signed an MOA with Chongqing Iron and Steel Company, a state-run company operated by China’s city of Chongqing, to construct an annual 3Mt-scale FINEX-integrated steelworks.