Company News

Algeria-based oil company Sonatrach has awarded Saipem the EPC contract for gas pipeline GK3 lot 3, covering the engineering, procurement and construction of a gas transportation system.

Rosneft Oil Co. OJSC (Moscow, Russia) has announced plans to develop a USD 14 billion petrochemical refinery in the Primorye region of Russia off the Pacific Coast.

ProPower Renewable Energy Co. Ltd a China-based upgraded metallurgical grade silicon producer has recently began construction on a new UMG silicon project in the city of Shangyu in Zhejiang Province.

Siemens Energy has announced that it has secured an order from Abu Dhabi for construction of the Shuweihat II combined-cycle power plant with integrated seawater desalination facility.

Sumitomo Metal Industries Ltd and Nippon Steel Corp. have announced that they have decided to integrate the arc-welded stainless steel pipe and tube businesses currently conducted by their respective group companies and a definitive agreement has been executed by and among Sumitomo Metals, Nippon Steel, Sumikin Stainless Steel Tube Co. Ltd, Nittai Corp. and Konan Co. Ltd.

Approval has been granted to RWE npower by the British energy ministry for a new 2000MW, combined-cycle gas turbine power station near Pembroke, UK.

RWE npower has set up a joint venture with Daldrup & Sohne AG (D&S), a firm specializing in planning and conducting geothermal drillings, for development and construction of geothermal power stations.

Central Wire Group’s (Perth, Ontario) President and CEO, Larry Smith has announced the promotion of Stan Merrick to Vice President of Techalloy Welding Products.

ThyssenKrupp will delay the start of stainless steel production at its USD 4.5 billion Alabama plant because of economic conditions, but the move is not expected to affect carbon steel operations, which represent the lion's share of the project.