Dubai's Dodsal wins deal for $1.1bn A...

by tubelinks on 06/26/2017 - 05:58 pm
Tag: Press Release

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Company is awarded contract from Sonatrach, Algeria's state energy producer

Dubai-based Dodsal Group has been awarded a contract from Sonatrach, Algeria's state energy producer, to execute engineering, procurement and construction on a $1.1 billion pipeline project.

The work, which includes detailed engineering, procurement, construction and commissioning of the plant, will begin shortly and is scheduled to be completed in 2020.

Upon completion, the South HGA-Hassi Messaoud plant will be producing at a capacity of 66,000 barrels/day, the company said in a statement.



Do ...

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Forterra (FRTA) Reports Definitive Ag...

by tubelinks on 06/26/2017 - 05:32 pm
Tag: Press Release

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Forterra, Inc. (NASDAQ : FRTA) today announced it has entered into a definitive agreement to sell the U.S. concrete and steel pressure pipe assets of its Water Pipe and Products business segment to Thompson Pipe Group. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2017. 

Under the terms of the agreement, an affiliate of Thompson Pipe Group will acquire assets related to five Forterra manufacturing facilities and a fittings facility. Forterra will receive approximately $23.2 million in cash, ex ...

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"Make Algoma Tubes Great Again" Hats ...

by tubelinks on 06/26/2017 - 05:16 pm
Tag: Press Release

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'Trump's message resonates with working class people,' says union president

United Steelworkers Union Local 9548, representing employees of Tenaris Algoma Tubes, have made hats that read: 'Let's Make Algoma Tubes Great Again' They look like those red Donald Trump-supporting ‘Make America Great Again’ ball caps, but instead of America they say, ‘Algoma Tubes’.

In March, the Tenaris Algoma Tubes United Steelworkers Union Local 9548, made up boxes of the ‘Let's Make Algoma Tubes Great Again’ hats in preparation for ...

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Enbridge to start construction this s...

by tubelinks on 06/23/2017 - 11:10 am
Tag: Projects

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Construction will start this summer on Enbridge's 1,700-kilometre Line 3 replacement pipeline, the largest project the company has ever undertaken.

Several pipeline projects have been proposed to pass through the Prairies, though this will be the first to proceed. The $7.5-billion Line 3 replacement from Hardisty, Alta., to Superior, Wis., was approved by Justin Trudeau's Liberal government last fall, at the same time as the Trans Mountain expansion.

Equipment is already being assembled in Hardisty, 200 kilometres southeast of Edmonton, where work on the Line 3 replacement ...

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