Company News

Flensburger Schiffbau-Gesellschaft (FSG) has signed a contract with globally operating seismic company WesternGeco, a frontrunner in its sector, for the construction of two offshore ships.

Vestas has signed an order for a total capacity of 39.6MW consisting of 22 units of the V100-1.8MW turbine for the Alba Rivas wind power plant in Nicaragua.

Qatargas, has awarded pipeline engineering company STATS Group a multi-million pound 10 year contract to provide remote pipeline isolation equipment.

Jacobs Engineering Group Inc. has been awarded an In-Kingdom engineering, procurement and construction management (EPCM) contract for three polyethylene trains for Sadara Chemical Company (Sadara), a joint venture between Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company (Dow).

TransCanada Corp. has received a contract from Shell Canada Ltd. to build and operate a pipeline expected to cost USD 3.85 billion that will transport natural gas to a planned liquefied natural gas export facility near Kitimat, British Columbia .

CorDEX Instruments has appointed a new US sales manager to North America as a result of strong sales growth. Lang joined CorDEX from Fluke Corporation where he worked as Western Region Thermography and Infrared Windows Territory Manager.Based in Charlotte, North Carolina, Lang will be responsible for the promotion and sale of CorDEX’s intrinsically safe and explosion-proof equipment which has been designed for use in the global oil and gas industry.

The Board of Managers of ThyssenKrupp Stainless USA, LLC has announced the appointment of Michael Wallis, as Chief Executive Officer of the company, effective 15 June 2012.

 MRC Global Inc. (MRC) has signed a five year global Enterprise Framework Agreement (EFA) with Shell for the distribution of valves and automation services.

Occidental Petroleum Corporation (OXY) has appointed WCW (Willie) Chiang as Executive Vice President, Operations.

Nucor Corporation (NUE) has signed a Stock Purchase Agreement to acquire the membership interests of Skyline Steel LLC and its subsidiaries from ArcelorMittal, for approximately USD 605 million.