The biggest oil discovery in the North Sea for 25 years was announced when the developers of the Buzzard field said it could contain 1.1 billion barrels of oil.
The Petroleum Oil and Gas Corporation of South Africa has awarded Technip-Coflexip a contract for a semi-commercial unit based on Statoil’s low temperature Fischer Tropsch technology.
The Peruvian company Refinería La Pampilla SA has awarded a contract to a joint venture created between Technip-Coflexip and the Spanish group Dragados Industrial for an extension of its refinery in La Pampilla nearby Lima.
Air Liquide will invest in a hydrogen-production unit on BASF’s site at the port of Antwerp, Belgium.
US-based Headwaters Inc. has announced plans with Shenhua Group Corp. Ltd to build in China the world's first commercial plant to turn coal into diesel fuel and gasoline.
Stainless steel is a versatile material that finds applications in various industries and everyday products due to its desirable properties. Here are some common applications for stainless steel:
Architecture and Construction: Stainless steel is used in building structures, bridges, facades, and roofing due to its durability, corrosion resistance, and aesthetic appeal.
Medical and Pharmaceutical Equipment: Stainless steel is used in surgical instruments, medical devices, and equipment due to its excellent sterilization capabilities, biocompatibility, and resistance to corrosion and staining.
Chemical and Petrochemical Industry: Stainless steel is utilized in the construction of tanks, pipes, valves, and fittings for handling corrosive chemicals, acids, and gases. It ensures product purity, longevity, and prevents contamination.
Food and Beverage Industry: Stainless steel is widely employed in food processing equipment, brewing systems, storage tanks, and food preparation surfaces due to its corrosion resistance, ease of cleaning, and hygienic properties.
Energy and Power Generation: Stainless steel is used in power plants, nuclear reactors, and renewable energy applications like solar panels and wind turbines. It provides strength, durability, and resistance to high temperatures and corrosion.
Aerospace and Aviation: Stainless steel is utilized in aircraft components, including structural parts, fasteners, and engine components. It offers lightweight strength, high-temperature resistance, and corrosion resistance.
Marine and Coastal Applications: Stainless steel is employed in shipbuilding, offshore platforms, and coastal infrastructure due to its excellent corrosion resistance in saltwater environments.
