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.

Iran’s new oil phases

President Mohammad Khatami has inaugurated Phases 2 and 3 of Iran's oil projects which he described as among the "biggest projects of Iran's oil and gas industry".

Shell mulls investing in Iran

Shell is considering several investment possibilities in Iran.

Gulf pipeline contract

CSE-Servelec, based in Sheffield, UK, has won a contract to monitor and control a gas pipeline in the Gulf.

Alstom gas turbines in Algeria

Alstom has won a second order, valued at around EUR 40 million, to supply gas turbines for phase 2 of a pipeline project in Algeria.

BP strategic partnership in Russia

BP and the Alfa Group and Access-Renova (AAR) have agreed to combine their interests in Russia to create the country's third biggest oil and gas business, in which they will each have a 50% stake.

Acetic acid plant expansion project

Yangtze River Acetyls Company Ltd (Yaraco) has awarded Aker Kvaerner the front-end engineering design (FEED) phase of a project to expand an acetic acid facility at Chongqing, China.

Ondeo Nalco contract with Suncor

Ondeo Nalco Company, a subsidiary of SUEZ Environment Industrial Services, will deliver new oil and water treatment services to Suncor Energy Inc., which is involved in crude oil extraction from the vast oil sands deposits in NE Alberta, Canada.

Well services offshore Brazil

BJ Tubular Services has won a contract from Schlumberger Servicos de Petroleo Ltda to provide a range of tubular well services offshore Brazil on behalf of Petrobras.

Cleaner coal plant

KFx Inc. and Arch Coal, Inc. have announced that KFx and Arch Western Resources, LLC, a subsidiary of Arch Coal, have reached an agreement to pursue the development of a 700,000 tpy K-Fuel Plus(TM) plant.

Fluor wins S. Korea offshore project

Fluor Corporation has announced that its Fluor/AMEC joint venture has been chosen to provide operations, maintenance and production management services for South Korea's first offshore gas development project.