News archive

McDermott awarded FEED contract by Meridian Energy

McDermott International, Inc. (MDR) announced a sizeable contract award for front-end engineering design (FEED) services of the Davis Refinery Project in Billings County, North Dakota, a grassroots refinery...
17 December 2018

Subsidiary of SYNL sign agreement to acquire ASTI

Synalloy Corporation (SYNL) recently announced that its wholly-owned subsidiary, ASTI Acquisition, LLC, has signed a definitive agreement to acquire all of the assets of American Stainless Tubing, Inc....
17 December 2018
Hygienic Fabrication can be Exotic

Hygienic Fabrication can be Exotic

Bespoke stainless steel fabricators, Axium Process, specialise in hygienic engineering design, fabrication and system solutions utilising a wide range of corrosion resistant superalloys including exotic alloys....
14 December 2018

Equinor receives approval for Troll phase 3 development

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of NOK 7.8bn will help extend the productive life of...
14 December 2018
Primetals to supply billet caster and bar rolling line

Primetals to supply billet caster and bar rolling line

Primetals Technologies has received an order from Naveena Steel Mills (Private) Limited to supply a continuous billet casting machine and a bar rolling mill for a new mini mill in Port Qasim, Karachi....
14 December 2018

Finkl Steel Announces Price Increase

Finkl Steel, a subsidiary of the SCHMOLZ + BICKENBACH Group, will increase prices by $0.03/lb. USD for all new orders booked on or after January 1, 2019. This price increase will be effective for all products...
14 December 2018
Apache achieves first oil at Garten development

Apache achieves first oil at Garten development

Apache Corporation (APA) announced it has initiated production from its Garten development on Block 9/18a Area-W in the United Kingdom sector of the North Sea. The discovery well, which is located 6kms...
13 December 2018

Tokyo Gas, First Gen plans LNG terminal in Philippines

Tokyo Gas Co., Ltd. signed Joint Development Agreement regarding the construction and operation of LNG receiving terminal with First Gen Corporation based in Republic of the Philippines.This is the first...
13 December 2018
Fine Tubes celebrates 75th anniversary

Fine Tubes celebrates 75th anniversary

Fine Tubes, Plymouth-based manufacturer of high-precision, high performance tubing products, celebrates its 75th anniversary this year. Fine Tubes supplies a wide range of advanced stainless steel, nickel...
13 December 2018
Speed is of the essence for AWI

Speed is of the essence for AWI

Alloy Wire International (AWI) made a global impact recently when it brought its unrivalled speed of delivery to an audience featuring industry specialists from 86 countries.The company had five European...
12 December 2018