Wednesday, 08 February 2017 07:01
Sandvik have secured multi-million dollar strategic projects in Egypt and established its regional headquarters in Dubai, UAE
Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium, and other high-performance materials, announced on 8 February that it has secured a number of strategic projects offshore Egypt to provide oil and gas solutions for the region. The value of the contracts in at least US$107mn.
Sandvik has seen double-digit growth in the region over the past three years and recently established its EMEA Oil and Gas headquarters in Dubai, United Arab Emirates.
Phil Cherrie, regional sales and marketing manager, oil and gas, EMEA, Sandvik, said, “Operating in an offshore environment such as the Mediterranean Sea requires materials that are able to withstand the harsh conditions that these operations present. Having been chosen by the operators as well as equipment manufacturers and service providers to provide these solutions serves as testament to the quality of Sandvik’s products and solutions.”
As part of the contracts, Sandvik will be providing Super Duplex steel umbilical tubing; SANICRO 28, a high-alloy, high strength austenitic stainless steel for OCTG downhole production tubing together with alliance partner Tenaris; seamless alloy 625 control line and chemical injection lines encapsulated with tubing encased conductor (TEC lines).