Azerbaijan: AzerGold invests $9.5 million in exploration drilling and research

AzerGold CJSC has signed a $9.5-million contract with AT-Geotech LLC for exploration drilling, geotechnical research, laboratory analysis, monitoring of results and report preparation work in the country. AzerGold CJSC secured the contract via a tender, the official website on public procurement reported. Established in 2015, AzerGold CJSC is engaged in the study, research, exploration, management…

Russia: ChTPZ to increase pipe billet output

The ChTPZ Group is taking measures to keep the business afloat and protect the health of its employees under the coronavirus pandemic and market volatility. According to the development strategy until 2024, the company intends to save 5 billion rubles by decreasing administrative expenses, optimizing repair processes, logistics and energy provision, as well as implementing…