News archive

Subsea Integration Alliance awarded EPCIC contracts

Subsea Integration Alliance awarded EPCIC contracts

Subsea Integration Alliance announced the award of integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts. These awards, by Esso Australia Pty Ltd, represent...
29 January 2019
Bechtel to expand Teck's Quebrada Blanca copper mine

Bechtel to expand Teck's Quebrada Blanca copper mine

Bechtel, an engineering, procurement and construction company, has received approval from Teck to proceed with the expansion of the Quebrada Blanca copper mine in Chile, comprising a 143,000 tonnes-per-day...
28 January 2019
Sandvik receives advanced tubular orders

Sandvik receives advanced tubular orders

Sandvik Materials Technology has received several orders for advanced tubes for the oil and gas industry at a combined value of about SEK 1bn, with the majority being umbilical tubes. Orders were booked...
28 January 2019
Vår Energi awarded 13 licenses in Norway

Vår Energi awarded 13 licenses in Norway

Eni through Vår Energi AS, jointly owned by Eni (69.6%) and by HitecVision (30.4%), has been awarded a total of 13 licenses in the Awards in Predefined Areas 2018 (APA) by the Ministry of Petroleum and...
28 January 2019

Accu-Tube launches rebranding and improvements

Accu-Tube LLC, the manufacturer of precision 17-7 stainless steel tubing since 1973, is celebrating 45 years of successfully meeting and exceeding customers’ diverse material and component requirements....
25 January 2019

Successful conclusion of FENI Industries bankruptcy

The plan submitted by GSOL for the reorganisation of FENI Industries, the pyro-metallurgical ferronickel producing plant located in Kavadarci, is final, following an announcement by the Basic Court of...
25 January 2019
Honeywell selected for petrochemicals project in China

Honeywell selected for petrochemicals project in China

Honeywell (HON) announced that Zhejiang Petrochemical Co. Ltd. (ZPC) will use a range of process technology from Honeywell UOP, the leading licensor of refining and petrochemical process technology, for...
25 January 2019
TUBACEX, MIDHANI signs MoU to expand in Indian energy

TUBACEX, MIDHANI signs MoU to expand in Indian energy

TUBACEX and the Indian company, Mishra Dhatu Nigam Limited (MIDHANI), have signed a MoU for development of diverse key projects in the region. This agreement would allow the joint development of advanced...
24 January 2019

Hebei Jinxi expands steel capacity in Tangshan

Hebei Jinxi Steel has bought 600,000 t/yr of steel capacity from the Tangshan city government for around USD 132M to expand its presence in the city.The company currently operates the 8.5mn t/yr Jinxi...
24 January 2019
TAP secures €3.9bn project financing

TAP secures €3.9bn project financing

TAP successfully completed financial close in December 2018, securing €3.9bn, the largest project finance agreed for a European infrastructure project in 2018.The financing is provided by a group of 17...
22 January 2019