A number of agreements have been concluded by Sandvik Materials Technology for the delivery of high value-added seamless tubes to the oil/gas industry. The combined value of the agreements is SEK 700 million and deliveries will be made during 2010. The customer is the Norwegian company Aker Solutions and the tubes will be used for extraction of oil in different projects around the world. The tubes, to be delivered in continuous lengths of up to 30,000m, will be used in umbilicals, which are employed for such applications as remote operation of oil wells at large depths, down to 1700m in these specific projects.
