Alleima has received two major orders for corrosion resistant alloy OCTG tubes (Oil Country Tubular Goods) to the Oil and Gas segment, to a total value of approximately SEK 880M.
The two orders valued at approximately SEK 600M and SEK 280M respectively were booked in the first quarter of 2023. Both orders are classified as major orders (i.e. above SEK 200M) and will be reported in the Tube division. Deliveries are scheduled for the second half of 2023 and the first half of 2024.
The orders are a result of the strategic partnership between Alleima and Tenaris. The partnership has been in place since 2003, to add value to the oil and gas industry through joint research, product development, and the manufacture of specialized tubular solutions for demanding applications.
