Merger of Aker Maritime and Kværner approved

The Norwegian Competition Authority has cleared the merger of Aker Maritime and Kværner's oil and gas activities.

Steel24-7 goes live

Asera Inc. has announced that Steel24-7, Europe's largest steel trading exchange, went live on the Asera Platform™.

VAST announces organisational changes

Voest-Alpine Services & Technologies Corp., Pittsburgh, Pennsylvania, USA, has announced organisational changes in corporate staff effective 1 February 2002.

New products from Swagelok

Swagelok announces the availability of its new VCR(R) Split-Nut(TM) assembly technology to provide the semiconductor and other industries with a new way to connect components. Construction materials are 17-4PH stainless steel for male and female Split-Nut assemblies and 316 stainless steel for hex collars.

Inco appoints new board member

Inco Limited has elected Chaviva M. Hošek as a Director of Inco Limited.

First cast at North American Stainless

North American Stainless, Carrollton, Kentucky, USA, produced its first cast on 2 February.

Rautaruukki focuses on Duisburg

Rautaruukki is changing its sales organisation and restructuring its operations in Germany.

McDermott names CFO

McDermott International, Inc. has elected Francis (Frank) S. Kalman, Executive Vice President and Chief Financial Officer, replacing Bruce F. Longaker, Jr., who has submitted his resignation, effective 28 February.

ENEL could invest in Bulgarian power

ENEL SpA could invest USD 300 million in four hydroelectric power stations in Bulgaria under a deal to buy the four plants...

Kristin assignment for Kværner

Kværner Oilfield Products (KOP) has received a letter of intent worth some NOK 1 billion to build the subsea production systems for Statoil's Kristin field in the Norwegian Sea.