Techint Group News
A joint venture led by SNC-Lavalin International Co. Inc., a member of SNC-Lavalin Group Inc. (TSX: SNC), and including GyM S.A. and Techint International Construction Corp, has been selected by Minera Panama S.A. (MPSA), a subsidiary of Inmet Mining Corporation of Canada, to proceed with detailed engineering, procurement and construction of the process plant at the Cobre Panama project in Panama
After more than a year of negotiations, Argentina's Techint group has emerged as the victor in the chase to buy out shares in Brazilian flat steelmaker Usinas Siderurgicas de Minas Gerais S.A., or Usiminas, which were put up for sale by Brazilian industrial groups Votorantim and Camargo Correa.
Peru's government is looking to quickly wrap up talks with the consortium running the Camisea natural gas field to renegotiate the contract for the supply of natural gas from Block 88, the president of Peru's state licensing agency for hydrocarbon exploration, Perupetro, said.
Argentina's leading industrial firm, Techint Group, is willing to buy the government's 26% stake in its steel subsidiary Siderar SAIC, according to the conglomerate's top executive Paolo Rocca.
French energy company Total SA and Argentina's Tecpetrol, a unit of the Techint group, have struck gas in the Bolivian lowlands, Bolivia's state news agency ABI reported Wednesday.
Techint Engineering and Construction had been awarded an EPC Lump Sum Contract by Repsol YPF to provide services for the Gathering and Export systems for the Campo Margarita Development Project in Bolivia.
Techint Italy awarded EPC Contract for Yanbu Export Refinery by the Saudi Arabian Oil Co. (Saudi Aramco) for the Transportation and Storage package.
Joint Venture Panama (JVP), a joint venture led by SNC-Lavalin has been awarded a contract by Minera Panama SA to provide basic engineering followed by engineering, procurement and construction management (EPCM) services for the development of the Cobre Panama copper mine project in Panama.
French oil major Total SA (TOT) agreed to transfer a 20% stake in the Bolivian Ipati and Aquio gas project to Russia's Gazprom (GAZP.RU), the French company said Tuesday in a statement.
Techinet in a partnership with Samsung C&T and Kepco PPS has been awarded a contract to design, supply, construct and operate the Central Norte II Project by Mexico’s state-run electricity company Comision Federal de Electricidad CFE.
Techint Engineering and Construction has been awarded a contract extension by Nucleoeléctrica Argentrina S.A. to provide further works for the Atucha II Nuclear Power Plant in Argentina.
Brazil is likely to see announcement of firm plans for two new steel mills, to be located at the Rio de Janeiro port of Acu, by the end of this year, a logistics executive told Dow Jones Newswires on Thursday.