TPI January 2009

news business & market

Contract for coating of pipeline

Socotherm Americas, a subsidiary of Socotherm and a leading company in the field of pipe coating and insulation for the transport of oil, gas and water, has signed a letter of intent prior to being awarded the final contract for the coating of steel pipes for the Kizomba Satellite Project. The letter of intent, signed with Esso Exploration Angola, a subsidiary of Exxon Mobil, for a value of around US$20 million, relates to the application of total protection to the 142km Kizomba Satellite transportation pipeline. Thecontractwill involve theapplicationof a high density polyethylene anticorrosive system (Plastikote ® ), epoxy anticorrosive internal coatings (Innerkote ® ) and a high thickness polypropylene thermal insulation system (Wetisokote ® ) on the linepipe and the production risers of the oil platform. The steel pipes will be coated from the first quarter of 2009 by Socotherm Americas subsidiary, Socotherm Angola Ltd, at the company’s Luanda plant. Steel pipes of 10" and 16" diameter will be coated and assembled one inside the other, in order to create insulated, double wall pipelines of 50km, to be launched into the sea.

A further 42km of 12" diameter steel pipes, to be submerged in deep waters, will be insulated by the Wetisokote system. Socotherm, founded in 1859 in Vicenza, Italy, is a pipe coating contractor with plants in Italy, Spain, Australia, Malaysia, China, Nigeria, Angola, Qatar, Argentina, Brazil, Venezuela and USA. The group offers many types of pipe coating, including external and internal anti-corrosion and concrete weighting, and specialises in thermal insulation for the deep water sector (oil extraction from great depths), offering state-of- the-art technological solutions. The company is also active in the design, production and sale of coatings and insulation plants for piping and district heating, in the sector of special thermal insulation for LPG tanker ships and in the maintenance of road surfaces with ecologically compatible technology. Socotherm SpA – Italy socotherm.corp@socotherm.com www.socotherm.com

ELIPEX-pipes Pre-insulated district heating pipes

Socotherm Americas – Argentina socotherm@socotherm.com.ar www.socotherm.com.ar Pipe and Tube Group Ltd becomes Benteler Distribution Ltd Pipe and Tube Group (PTG) has changed its name to Benteler Distribution Ltd, with effect from 1 September 2008. The company has been part of the Benteler Group since 1994 and has actively promoted the Benteler name. The name change is part of a global strategy to provide a uniform, one-name, one-firm approach, and to offer high-level service complete with a wide range of steel tubular products and accessories. Benteler Distribution is a stockist and processor of steel tubes and accessories, and is part of an international network operating more than 70 branch offices in 30 countries. The company can use its international network to assist customers to expand into new foreign markets.The Benteler Distribution Group operates in market segments including mechanical engineering, construction, furniture and leisure industries, automotive industry, power generation and petrochemicals.

flexible efficient econimical

Optimal solution for district heating networks

Benteler Handel GmbH – Germany info@benteler-handel.com • www.benteler.de

Quality for the future

SETpipes ltd •

Eyravegur 41 •

800 Selfoss •

Iceland

Benteler Distribution Ltd – UK www.benteler-distribution.co.uk

Tel: +354 480 2700 •

Fax: +354 482 2099

set@set.is •

www.set.is

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January 2009 Tube Products International