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.

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.

Indonesia: pipeline deal

Indonesian state gas utility company PT Perusahaan Gas Negara PGN, will sign a USD 165 million agreement with Nippon Steel Corp. for a gas pipeline project to construct a 110km subsea pipeline segment that will link gas rich South Sumatra with Indonesia’s main island of Java.

Kazakhstan: Capsian venture

Fluor Corporation has announced that a Fluor-led joint venture known as North Caspian Constructors (NCC) has been awarded the onshore construction of Kashagan Experimental Program facilities by Agip KCO.

USA: clean coal

Cleco Corp.’s electric utility subsidiary, Cleco Power, has announced the construction of a new generating unit incorporating Clean-Coal Technology.

China: pipeline

A private Chinese company plans to build the country’s first oil pipeline to Russia underscoring growing Chinese interest in tapping Siberian petroleum resources.