Alleima receives two major orders in Oil & Gas segment

Alleima has received two major orders in the Oil and Gas segment, of which one for advanced tubes, umbilicals, and one for corrosion-resistant alloy OCTG tubes (Oil Country Tubular Goods). The total value amounts to approximately SEK 450M.

The umbilical order, valued to approximately SEK 210M, will be used in an offshore project in Brazil. Deliveries are scheduled for H2 of 2024 and early 2025.

The OCTG order, valued to approximately SEK 240M, will be used in an offshore project in North Africa. Deliveries are scheduled during mid-2024.

Both orders, classified as major orders (i.e. above SEK 200M), were received in Q4 of 2024 and will be reported in the Tube division.

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