Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

Nippon Steel could prevent Arcelor takeover

According to Japan’s Nippon Steel, a technology tie-up between Nippon Steel Corp. and Arcelor could enable the Luxembourg-based steel firm to fight the takeover bid by Mittal Steel.

Germany: turnkey plant

Ruhr Oel GmbH, represented by the operating company BP Gelsenkirchen GmbH, has commissioned Uhde to design and build a turnkey plant for reformate separation at their refinery site in Gelsenkirchen, Germany.

China: hydropower plants

Unified Energy Systems (UES) plans to spend USD 8.2 billion expanding hydropower in eastern Siberia, which will help produce more energy to export to China.

USA: semi-submersible upgrade

Diamond Offshore Drilling Inc. has announced initiation of a major upgrade of the Victory-class semi-submersible Garden Banks, which has been renamed Ocean Monarch.

USA: Blind Faith platform installation

Chevron with partner Kerr-McGee has awarded Aker Kvaerner a contract for marine operations for installation of the Blind Faith platform in the Gulf of Mexico.

Nigeria: gas development

As the 2008 gas flare out deadline for oil firms approaches, operating joint venture partners have staked over USD 6.5 billion investment profile to undertake the challenge.

Ukraine: pipes for gas pipeline

Khartsyzsk Pipe Plant KPP in Donetsk region, a producer of large-diameter stainless steel oil and gas pipes, has won a tender to supply pipes for the construction of the Bohorodchany - Uzhgorod gas pipeline.

Algeria: onshore pipelines

Welspun-Gujarat Stahl Rohren Ltd has received an order from Stroy Transgas (Canadian gas major) as the EPC contractor of Sonatrach, Algeria.

India: eco-friendly power plant

Bharat Heavy Electricals Ltd has bagged an order from Indian Oil Corp. (IOC) for setting up an energy efficient and environment friendly co-generation power plant at IOC’s Haldia refinery complex.

Singapore: deep water drilling system

Jurong Shipyard in Singapore has awarded Aker Kvaerner MH, a company in the Aker Kvaerner group, the contract for delivery of advanced deepwater drilling system for one semi-submersible drilling rig to PetroMena AS.