Sandvik has recently established its EMEA (Europe, Middle East and Africa) oil and gas headquarters in Dubai, United Arab Emirates, to service major projects happening in the region and to remain in close proximity to regional customers.
Sandvik also announced that it has secured a number of strategic projects offshore Egypt to provide a comprehensive scope of Sandvik oil and gas solutions for the ongoing giant gas field developments in the region. With contract values across the scope of supply in excess of US$107 million, this represents a milestone development for Sandvik in the region.
The East Mediterranean is rife with opportunity. For example, the recently discovered Zohr offshore field near Egypt, the largest natural gas discovery in the Mediterranean in the last decade, will greatly boost the country’s energy potential. The ‘super giant’ field potentially boasts an estimated 30 trillion cubic feet of natural gas.
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 (oil country tubular goods) downhole production tubing together with alliance partner Tenaris; and seamless alloy 625 control line and chemical injection lines encapsulated with tubing encased conductor. Deliveries of these solutions have already begun in 2016 and will continue throughout 2017.
