Largest single order in BUTTING’s history
BUTTING has won its largest single order in its 230 year history. The order, from Subsea 7, is for 84km of clad pipes for the Guará-Lula NE field project in Brazil. Part of the largest pre-salt oil fields discovered by Petrobras, the Guará-Lula NE fields are located in the Santos basin off the coast of Brazil.
SENER and Torresol win CSP Today Award
SENER and Torresol Energy, the company leader in Concentrated Solar Power, a joint venture between SENER and Masdar received the US CSP Today Award in the categories of Engineering Firm of the Year and Commercialized Technology Innovation of the Year category, respectively.
Samuel, Son & Co. acquires Basic Stainless
Samuel, Son & Co. (Samuel), the fifth largest metal processor and distributor in North America has acquired Basic Stainless Inc., a service center operating from an 80,000sq/ft facility in Marshfield, Wisconsin;
Carpenter Tech acquires Oilfield Alloys
Carpenter Technology Corporation has acquired Oilfield Alloys Pte Ltd for USD 4.8 million. Located in Singapore, Oilfield Alloys manufactures and distributes directional drilling equipment to the Asia-Pacific region.
Sumitomo Metals to acquire Standard Steel
Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Corporation will acquire Steel Wheel Acquisition Corporation (SWAC), the parent company of Standard Steel, Inc. (Standard Steel) located in the US.