News archive

Gazprom approves new power generation strategy

Gazprom approves new power generation strategy

The Gazprom Management Committee approved the Company’s power generation strategy for 2018–2027. It was noted that Gazprom had successfully created the largest vertically integrated power holding company...
25 May 2018
Danieli’s new minimill in Europe

Danieli’s new minimill in Europe

Van Merksteijn International awarded Danieli the order to supply a scrap-based, green steel minimill for the production of 900,000 tpy of wire rod.The agreement foresees the engineering, manufacturing,...
25 May 2018

Outokumpu acquires Fagersta Stainless

Outokumpu and Sandvik have signed an agreement for Outokumpu to purchase full ownership of Fagersta Stainless wire rod mill in Sweden. Fagersta Stainless is currently a 50/50 joint venture owned by Outokumpu...
25 May 2018
Wärtsilä to build new Hamina LNG terminal

Wärtsilä to build new Hamina LNG terminal

The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial closure and received the necessary building permits.Debt financing...
25 May 2018

Wood awarded two-year contract extension

Wood has extended its framework agreement with Chevron Australia to provide master contractor services to the Gorgon stage two development located offshore Western Australia.Effective immediately, the...
24 May 2018

SHP appoints corporate communications manager

Mark Jarvis, CEO of Shoal Point Energy Ltd. (SHP) is pleased to announce that Ms. Juliet Heading has recently joined the Company as Corporate Communications Manager.Ms. Heading was educated at University...
24 May 2018
Wintershall submits PDO for Nova field

Wintershall submits PDO for Nova field

Wintershall together with its partners Capricorn, Spirit Energy, Edison and DEA submitted the plan for development and operation for its operated North Sea Nova field to the Norwegian Ministry of Petroleum...
24 May 2018

NSSMC & Nisshin Steel exchange shares

Nippon Steel & Sumitomo Metal Corporation (“NSSMC”) and Nisshin Steel Co., Ltd. (“Nisshin Steel”) have agreed to conduct a share exchange effective as of January 1, 2019 wherein NSSMC will become a...
22 May 2018

Haveli Bahadur Shah to add 1,230 MW of power

National Power Parks Management Company Limited (NPPMCL), GE and SEPCOIII Electric Power Construction Co., Ltd. (SEPCOIII) has announced that the Haveli Bahadur Shah (HBS) power plant has completed all...
22 May 2018
Toscotec to manufacture sixteen TT SYD

Toscotec to manufacture sixteen TT SYD

Since its inauguration in 2016, Toscotec’s fully integrated plant has been operating at full capacity, implementing the entire production cycle of Toscotec’s TT SYD, from metalworking, precision mechanical...
22 May 2018