Nippon Steel to Move into Offshore Business

Wednesday, July 16, 2008

 

Nippon Steel Engineering Co. is bolstering its operating structure in a bid to win contracts spanning everything from design to construction of crude oil and natural gas processing facilities at sea. The Nippon Steel Corp. unit plans to win complete orders for marine central processing platforms, which extract carbon dioxide, mercury and impurities from crude and natural gas drilled from the seabed. To do so, it has beefed up the functions of an Indonesian subsidiary that handles sales and engineering in Southeast Asia and it will begin undertaking some design operations and such work as heat and pipe wear analyses that have been outsourced to date. On top of upgrading a Thai plant, the company has also been hiring local engineers experienced in building central processing platforms.

Source:  Trading Markets

Email AddThis Feed Button Share
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Teekay Offshore Partners Sign FSO Contract

The contract with Statoil is to provide a floating storage and offtake (FSO) unit for the Gina Krog oil & gas field located in North Sea. The contract will be

DryShips Reports 1Q 2013 Financial and Operating Results

DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc.

A Billion to One Shot

TTS Sets its sites on China to Achieve its Financial Goals TTS has set its sights on becoming a billion euro business and is focusing on China as a key growth driver.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright