[ Industry Update ]
[ Industry Update ]
Tubacex secures umbilical tube orders
Tubacex has signed three umbilical tube contracts worth a combined EUR 26M. The awards span projects in the Gulf of Mexico, Brazil, the Europe – Mediterranean axis, Australia and Africa, reinforcing the group’ s geographic diversification and competitive position in technically and logistically demanding developments. This milestone strengthens the company’ s position in a highly specialised niche where product reliability, traceability and industrial discipline are decisive for operating subsea infrastructure under extreme conditions, and where Tubacex has become one of the major players worldwide. Execution of these contracts is structured through Tubacex’ s centers of competence in Spain and Austria, which concentrate specialised capabilities for this type of solution, combining manufacturing, quality control, engineering support, technical service and documentation management.
Exolum, Methanex and Ørsted launch bio-methanol storage
Exolum, Methanex Corporation and Ørsted have announced the launch of the United Kingdom’ s first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham. The Port of Immingham is the U. K.’ s major port by cargo volume and a critical gateway for energy and bulk materials, making it an important hub for maritime operations and low-carbon fuel supply.
Exolum will provide the storage and fuelling infrastructure at its Immingham facility, leveraging its extensive experience and strategic assets. Methanex will supply the bio-methanol for the project. Ørsted will be the first to utilise this service for its North Sea offshore wind farm maintenance vessels supporting the U. K.’ s clean energy ambitions. This collaboration demonstrates how existing energy infrastructure can be adapted to support new, sustainable fuels and highlights the partners’ shared commitment to accelerating the maritime sector’ s transition to low-carbon operations.
Viraj signs MoU with Ministry of Steel
Viraj Profiles has signed a Memorandum of Understanding( MoU) with the Ministry of Steel under the Government of India’ s Production Linked Incentive( PLI) scheme, committing a planned investment of INR 280 crore. The initiative will focus on strengthening technological capabilities, expanding valueadded manufacturing, and reinforcing India’ s position as a trusted global hub for advanced steel. This milestone reflects Viraj’ s continued commitment to supporting the nation’ s manufacturing growth while building world-class capabilities for global markets.
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