Offshore Rig

Offshore and Subsea – oil & gas project spending review

The sharp decline in crude prices and the subsequent volatility has meant that it’s been an onerous two years for oil producers, a period marked with budget cuts. The situation for the offshore side of the business has been far more severe. Once hailed as the bulwark from peak oil, the massive costs associated with its development in the face of low margins have made it increasingly difficult for companies to commit investments in recent times. Read more...
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NLMK to implement PCI technology

NLMK to implement PCI technology

NLMK Group has started hot-testing the pulverized coal injection (PCI) unit at one of the largest blast...
24 June 2017
mbo Osswald celebrates 50 years

mbo Osswald celebrates 50 years

mbo Osswald was founded by Anton Osswald in 1967 manufacturing high-quality linking elements.During the...
24 June 2017
IOC, BPC and HPC in joint venture

IOC, BPC and HPC in joint venture

India's emergence as a global refining hub has recently received a big boost with the three downstream...
24 June 2017
TRP gearing for NGTL System expansion

TRP gearing for NGTL System expansion

TransCanada Corporation has announced its decision to move forward with a new USD 2B expansion program...
23 June 2017
Odfjell SE signs term sheet with CTG

Odfjell SE signs term sheet with CTG

Odfjell SE has signed a term sheet with Chemical Transportation Group, Inc (CTG) whereby Odfjell will acquire the last 5 of a total newbuilding order of 10 x 25,000 dwt vessels with 24 stainless steel tanks from Chinese ship builder AVIC Dingheng.CTG will continue to own 5 vessels, which will be placed...
23 June 2017

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Duplex a success
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