Sandvik Secures Offshore Projects in Egypt

Sandvik Secures Offshore Projects in Egypt

Swedish Sandvik have secured multi-million dollar strategic projects in Egypt and established its regional headquarters in Dubai, UAE, informed Oil Review Middle East. The company has been awarded a number of offshore projects in the North African country to provide a comprehensive scope of Sandvik oil and gas solutions for the ongoing giant gas field developments in the region, CPI Financial reported.

With contract values across the scope of supply in excess of $107 m, this represents a milestone development for Sandvik in the region. 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 down hole production tubing together with alliance partner Tenaris, in addition to seamless alloy 625 control line and chemical injection lines encapsulated with tubing encased conductor (TEC lines).

Deliveries of these solutions have already begun in 2016 and will continue throughout 2017.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.


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