Company News

Nippon Steel Pipeline Co., Ltd. and Sumitomo Metal Pipeline and Piping, Ltd. have agreed to merge on 1 October 2012.

juwi, a project developer for renewable energies, has chosen Martin Winter as the new Chief Financial Officer of juwi Group.

Hunter Automated Machinery announced the completion of an asset buyout of the company and all its foreign subsidiaries by current President Bill Hunter.

BP has agreed to sell its interests in the Jonah and Pinedale upstream operations in Wyoming to LINN Energy, LLC.

The Armaturenfabrik Franz Schneider GmbH + Co. KG has been awarded the contract to supply the installation hardware for the Sadara project in Saudi Arabia.

Bombardier Aerospace has signed an agreement with Midparc Investment S.A., a Moroccan property holding and management company, to purchase land required for its new plant in the Midparc Casablanca Free Zone, in Nouaceur. Bombardier intends to invest approximately USD 200 million in equipment, buildings and start-up costs over the next eight years.

Nederman will supply three foundries in China and Thailand, owned by the Japanese company Aisin Takaoka, with comprehensive solutions for extraction and filtration.

Rolls-Royce has signed a contract worth over GBP 1 billion with the Ministry of Defense (MoD) to deliver reactor cores for the UK’s nuclear-powered submarine fleet.

Vestas has received an order for a total capacity of 55MW consisting of 21 units of the V100-2.6 MW turbine for the “Orta Nova” wind power plant, which will be located in the Apulia region in Italy.

The State Department announced that it will prepare a supplemental environmental impact statement assessing the new route proposed by TransCanada for the northern section of its Keystone XL tar sands pipeline.