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.

    Kristin contracts placed

    Stainless Steel World Publisher -
    Letters of intent for pipelaying work and marine operations totalling some NOK 560 million have been placed by operator Statoil on behalf of the Kristin licence in the Norwegian Sea.

    Framatome to supply nuclear plant

    Stainless Steel World Publisher -
    Framatome ANP, an AREVA and Siemens company, has signed a contract with PSEG Nuclear LLC for the supply of four replacement steam generators for Unit 2 of the Salem nuclear power plant in New Jersey.

    Qatar fertiliser plants modernised

    Stainless Steel World Publisher -
    Qatar Fertiliser Company (QAFCO) have recently awarded Uhde GmbH two new contracts.

    Gasoline hydroheaters

    Stainless Steel World Publisher -
    Chicago Bridge & Iron Company NV will design and build two gasoline hydrotreaters in Port Arthur, Texas, and Lima, Ohio.

    Murmansk pipeline memorandum

    Stainless Steel World Publisher -
    Lukoil, Sibneft, Yukos and Tyumen Oil Company (TNK) have signed a memorandum of mutual understanding to create an oil pipeline system to transport oil through an oil terminal close to Murmansk.

    Ammonia plant bids

    Stainless Steel World Publisher -
    Chilean explosives company Enaex could call for bids in March 2003 for the construction of a USD 120–130 million ammonia plant at Mejillones in Chile's Region II, Enaex CEO Camilo Sandoval has said.

    B&W wins contract for Coleson Cove

    Stainless Steel World Publisher -
    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

    Stainless Steel World Publisher -
    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

    Stainless Steel World Publisher -
    ConocoPhillips has approved a USD 6.6 billion capital budget for 2003.

    Faeroese oil find

    Stainless Steel World Publisher -
    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.
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