Tag: stainlesssteel
Tenaris signs four-year contract with bp
Tenaris will supply casing and tubing, including 13Cr stainless steel tubulars, to bp for the Tangguh UCC LNG project in Papua Barat, Indonesia – a national strategic project involving CCUS and onshore gas compression.
ExxonMobil starts first-of-its-kind technology in Singapore
ExxonMobil has commissioned new facilities on Jurong Island that convert crude oil residues into higher-value products, adding 20,000 bpd Group II base stocks capacity. Used in engine oils, gear oils, and marine oils – driving stainless steel demand in refining and process equipment.
Marco Polo Marine adds two new AHTS vessels
Marco Polo Marine is adding two AHTS vessels (USD 34M) to support offshore O&G and wind projects in Southeast and Northeast Asia. Both vessels feature advanced DP2 and firefighting systems, requiring stainless steel in marine/offshore applications.
Brookfield, Solarvest sign 1.5GW solar tie-up
Brookfield and Solarvest will build 1.5GW of utility-scale solar and storage projects in Malaysia within 3–5 years. Stainless steel demand linked to mounting structures, piping, and storage integration.
Korean province to invest USD 7.8bn
South Chungcheong province will develop the country’s largest eco-friendly hydrogen cluster by 2030, with 19 business agreements signed including Linde, Hyundai and Hanwha. Targets 1.2m tonnes hydrogen production and 20GW hydrogen-based power generation by 2040.
Chula and EGAT to conduct research on hydrogen production
EGAT and Chulalongkorn University will jointly fund research into producing hydrogen and derivatives from renewables. Aimed at applying ESG principles and developing clean energy infrastructure in Thailand.