Company News

The Brazilian government has stated that the country will need to increase its installed capacity by 110GW in the next 15 years to meet the country's rising energy demands.

French marine engineering company GTT is seeking a partnership with Brazil's HRT Participações and federal energy major Petrobras to monetize natural gas produced in remote Amazon fields. According to GTT, LNG provides the ideal solution for Brazil's gas logistics problems amid rising demand from thermoelectric power plants.

CEO of Mexican conglomerate Grupo Idesa, Mr José Luis Uriegas, ,has provided an upbeat assessment of Mexican and Brazilian petrochemical potential.

ROVOP has been named Great Small Company at the SPE Offshore Achievement Awards. The award recognises exceptional business growth, innovation, safety breakthroughs and collaborative efforts.

Tim HalloranCongratulations were extended to Tim Halloran for reaching 15 years of service and to Jon Markle for reaching 10 years of service with United Performance Metals during the first quarter of 2013.

International oilfield service company, Expro, has been awarded a USD 4.5 million one-year contract for the supply of 7 3/8” completion landing string services in China.

TMK, a leading global manufacturer of tubular products for the oil and gas industry, has shipped the first pilot batch of vacuum insulated tubing (VIT) made of 13CrS steel (super-chrome steel) for Gazprom’s Bovanenkovo oil and gas condensate field on the Yamal peninsula.

As reported by Tuoi Tre News, Vietnamese steel manufacturers are facing a new challenge as businesses are tending to import cheap steel from other countries rather than buying locally made products. The trade deficit in the steel sector in the first two months of this year topped USD 1B.

Stainless Steel Fasteners Ltd (SSF), a leading UK manufacturer of high-integrity specialist fasteners, is the first fastener manufacturing company to be awarded NORSOK M-650 accreditation by Statoil ASA. SSF has been qualified for the hot forging of its range of super duplex stainless steel fasteners.

The Board of Directors of National Fuel Gas Company elected Mr. Ronald J. Tanski as CEO and Mr. David F. Smith was elected to the position of Executive Chairman of the Board.