North Sea treaty
A treaty between the UK and Norway that will pave the way to a USD 2 billion worth of additional North Sea oil and gas investment by 2010 is expected to be signed early next year.
LNG in southern China
Chinese state-owned China National Offshore Oil Corp and the Fujian government have inked an agreement on the principles of co-operation of integrated development of LNG imports and gas market in this south China province.
Large tube from Australia
The Australian construction and food processing sectors can now obtain stainless steel tube in large sizes at a Victorian plant.
Stainless in Australian winery
A major new development project at the Jindalee Winery at Moorabool near Geelong, Australia, utilises over 100 tonnes of grade 304 2B finish stainless steel.
Record-depth TLP
Dril-Quip Inc. has won a USD 24 million contract from Conoco to provide eight Production Riser Systems for the Conoco-operated Magnolia Field Tension Leg Platform (TLP) which will be installed in approximately 4700 feet of water in the Gulf of Mexico, a record depth for this type of floating structure.