12
Jan
00:00
Oman oil & gas giant to spend $500m on steel pipeline replacement
Petroleum Development Oman (PDO) has earmarked around $500 million to replace steel flowlines by 2018 to prevent spillages, Kallanish learns from the firm. The investment is set to provide a demand boost to PDO’s suppliers, including TMK’s Oman-based subsidiary, Gulf International Pipe Industry (TMK GIPI).
PDO’s Oil North Directorate, which comprises four clusters, is spending $338m on steel pipe with anti-corrosive fusion bonded epoxy (FBE…
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Anonymous
Very good overview of the weekly steel market.
Anonymous