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.

Gorgan gas to gush?

Energy company ChevronTexaco is pushing ahead with plans to develop the remote Gorgon gas field off the West Australian coast.

Natural gas field found in Indonesia

Government-affiliated oil exploration company INPEX Corp. has discovered a massive natural-gas field off Indonesia.

Posco to build first local LNG terminal

Posco Co. will build a LNG (liquefied natural gas) terminal in Gwangyang, becoming the first local private company to construct such a facility.

Horizon wins SE Asia contract

Horizon Marine Construction Ltd, a subsidiary of Horizon Offshore Inc., has been awarded a contract by Brunei Shell Petroleum Company Sdn. Bhd (BSP) to perform several installations off the coast of Brunei, beginning the second quarter of 2003.

French refinery project

Foster Wheeler France will perform engineering, procurement and construction management services for Esso Société Anonyme Française, ExxonMobil's affiliate company at its Port-Jerome Gravenchon refinery in Normandy.

Sakhalin-1 pipelines contract

LUKoil-Neftegazstroy (LNGS) has been selected as the major subcontractor for engineering, permitting, inland transportation, local procurement, construction, installation and commissioning work for pipelines for the Sakhalin-1 Project.

Stolt wins Nigeria contract

Stolt Offshore SA has won a contract from ExxonMobil’s Nigeria subsidiary for the flowlines and risers on the Erha field offshore Nigeria in a water depth of 1200 metres.

Pemex plans gas contracts

After delaying the bidding for controversial new contracts to produce natural gas in northern Mexico, Pemex now expects to award the contracts by mid-2003, a company official has said.

Polyethylene plant in Iran

Pars Petrochemical Company – a wholly owned affiliate of the National Petrochemical Company of Iran – has just awarded Technip-Coflexip and its Iranian partner Nargan, an EPC contract for the design and construction of a low density polyethylene plant for the 9th Olefins Complex at Asaluyeh.

Pemex to tender two petrochem projects

The petrochemical unit of Mexico's state oil company Pemex will launch a tender in February 2003 for two petrochemical complexes, one at Coatzacoalcos in Veracruz state, and the other at Altamira in Tamaulipas state.