Stork HOLDCO B.V. (the “Issuer”), a wholly-owned indirect subsidiary of Stork B.V. (“Stork”) announced today that it intends to launch an offering of €315,000,000 aggregate principal amount of senior secured notes due 2019. The proceeds from the offering will be used principally to refinance existing indebtedness of Stork as part of a broader refinancing and corporate reorganization.

Hydrogen is the new buzz in sustainable energy. But what is the real opportunity of introducing large scale green hydrogen production? To answer this question Stork initiated a research project named “Green Electrons to Green Hydrogen”.

Today, Nimbus hands-on-investors and part of the company's management have taken over Stork Primoteq from Stork. By means of this transaction, the new shareholders acquire a company that is a market leader in the maintenance of CNC metalworking machines in the Netherlands.

As part of our quality and asset integrity strategy, Stork Colombia has achieved a certification from the American Society of Mechanical Engineers (ASME) to perform construction and repair of boilers and pressure vessels licensed for the use of S,U,R stamps.

Stork was awarded an Enterprise Framework Agreement by Shell to provide maintenance of steam turbines, turbo compressors and related equipment in the EMEA region. The Enterprise Framework Agreement is for a period of 5 years.

This major turnaround is carried out every six years, and involves thorough and detailed inspection and maintenance works. Total costs of the turnaround for SABIC are approximately 80 million euro, including lost production. “It’s a huge operation”, says Jacques Kemp, Project & Turnaround Manager of SABIC in Geleen. “We’re talking about 310,000 man-hours of work in a three-week period involving 80 contractors, with around 2,000 people working each day. Of that total, 500 are from Stork.

Stork, part of Fluor’s Diversified Services segment, was awarded a two-year contract extension by Chrysaor to deliver integrated specialist asset integrity services for its Armada, Everest and Lomond offshore production platforms located in the Central North Sea

Stork was awarded a one-year contract plus two options of one-year each by Chrysaor. The contract will see Stork continue to deliver an integrated portfolio of specialist asset integrity support services to the Armada, Everest and Lomond offshore production platforms located in the Central North Sea.

Stork has extended its valve services product line in Belgium by continuing the valve repair activities of Furmanite GSG’s former Belgium operations

Stork’s Valve Services division has launched its new product line, Valve Diagnostics, which combines new innovations and existing services to analyze all types of valves.

Stork, the global provider of knowledge-based asset integrity services focused on the oil & gas, chemical and power sectors, announces today that it has sold the company’s operations in Doetinchem, the Netherlands.

Stork succesfully finished the revision of a hunderd year old steam engine, part of the UNESCO world heritage list. When we talk about long term asset integrity partnership, we proudly refer to our work done for the Ir D.F. Woudagemaal in the province of Friesland in the Netherlands.