Alleima Receives Two Major Orders In The Oil And Gas Segment

Alleima has received two major orders in the Oil and Gas segment, of which one for advanced tubes, umbilicals, and one for corrosion resistant alloy OCTG tubes (Oil Country Tubular Goods). The total value amounts to approximately SEK 450 million.

The umbilical order, valued to approximately SEK 210 million, will be used in an offshore project in Brazil. Deliveries are scheduled for the second half of 2024 and early 2025. The OCTG order, valued to approximately SEK 240 million, will be used in an offshore project in North Africa. Deliveries are scheduled for mid-2024. Both orders, classified as major orders (i.e. above SEK 200 million), were received in the fourth quarter and will be reported in the Tube division.

Courtesy of Alleima.

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Shopia Ketheeswararajah is a feature editor contributing to Pump Engineer, Stainless steel World Americas, Hose and Coupling World, and other related print & online media.