Company News

Germany’s biggest power supplier E.ON will increase its stake in Brazilian electricity producer MPX to just over 36%.

Visoka has increased its production output of high efficiency finned tubes. The company has commissioned a new CNC rolling plant and the high-fin tubes production is now better controlled through this innovative development. These Mono and Bi-metallic high finned heat exchanger tubes give excellent thermal transfer results for a variety of applications.

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.

TDW Offshore Services (TDW) announced that it is offering its SmartTrack™ remote tracking and pressure-monitoring system for use in the global marketplace.

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.

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.