AvestaPolarit tube division restructured
AvestaPolarit’s Tubular Products’ businesses will be regrouped according to their current main products into two organisations: one will focus on tubes, the other on fittings.
New management at Technip
At the extraordinary general meeting of shareholders of Technip-Coflexip held on 13 December 2001, shareholders decided to change the company's corporate governance structure to a two-tiered structure with a management board (directoire) and a supervisory board (conseil de surveillance).
Brazilian offshore contracts for FELS
FELS Setal secured a USD 14 million contract from Halliburton Produtos Ltda, a subsidiary of Kellogg Brown & Root Inc, for the fabrication of four manifold modules, to be used for the Caratinga and Barracuda Fields in Campos Basin, offshore Brazil.
ThyssenKrupp buys rest of Acciai Speciali Terni
ThyssenKrupp Steel has acquired the remaining 10% of the shares in the Italian stainless steel producer Acciai Speciali Terni (AST), Terni, from the TAD Group, and now owns 100%.
Alabama pipeline
Quanta Services Inc. has announced that its subsidiary, Haines Construction, has been contracted by Enbridge Midcoast Energy to build over 50 miles of gas pipeline in Northwestern Alabama.
