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.

B&W wins contract for Coleson Cove

Babcock & Wilcox Canada Ltd, a wholly owned subsidiary of the Babcock & Wilcox Company, has been awarded a contract worth more than USD 280 million (CDN) as part of the refurbishment of NB Power's Coleson Cove Generating Station in New Brunswick.

LNG plant in Equatorial Guinea

Marathon Oil Company has awarded a front-end engineering and design contract to Bechtel Corporation for the company's planned phase 3 expansion project in Equatorial Guinea.

ConocoPhillips investments

ConocoPhillips has approved a USD 6.6 billion capital budget for 2003.

Faeroese oil find

On the Faeroe Islands expectations of having an oil industry in future are growing after a new discovery in the British sector of the sea area.

Gas plants for Nigeria

Nigeria's National Oil and Chemical Marketing Plc (NOLCHEM) has concluded plans to build four liquefied petroleum gas (LPG) plants in different parts of the country.

Membrane expansion

NATCO Group Inc. has agreed with Kinder Morgan CO2 Company LP to more than double the capacity of its CO2 membrane separation facility in the SACROC field.

Iscor shares soar on news of LNM offer

Steel producer Iscor confirmed yesterday that it has received an offer from LNM Holdings NV

ChevronTexaco files to build US LNG facility

ChevronTexaco has submitted an application with the US Department of Transportation (DOT) to build a US Gulf Coast liquefied natural gas terminal.

Acid gas plant in Egypt

Alexandria Mineral Oil Company (AMOC) has awarded Technip-Coflexip a lump-sum turn-key contract for the implementation of an acid gas treatment plant at Alexandria, Egypt.

LNG terminal for southern Italy

The BG Group (Reading, UK) has gained approval to construct and operate a USD 330 million liquefied natural gas (LNG) import terminal in Brindisi port, on the SE coast of Italy.