Moly & duplex pipe order

Sitindustrie has started 2008 by increasing its market position in the business of stainless steel tube, pipes and fittings for the oil & gas application with two orders in Qatar and Malaysia for a total amount of EUR 16.5 million. Its UK subsidiary company, Mardale Pipes Plus got a 10.5 million order in Qatar with the customer NPCC (National Petroleum Construction Co.) Abu Dhabi for the supplying of 6 Moly & duplex pipes and fittings for the “Al Shaheen Block 5 Development Project” operated by Maersk Qatar. The project consists of the development of the present, area raising the pump capacity to 525,000b/d (from the present 240,000b/d under a USD 5 billions fast-track project within 2009). The field is about 1006m below the seabed. Al-Shaheen will become Qatar’s biggest oilfield, but will also produce associated gas in a big way. Furthermore Mardale Pipes Plus got another important order with the engineering company Foster Wheeler in the Far East for the supplying of EUR 5.9 million of heavy wall stainless steel pipes & fittings for the Melaka Refinery Project in Malaysia operated by Malaysia Rrfining Co., a joint venture between CononoPhilips and Petronas. It will be a debottlenecking and revamp job, which will permit to increase the overall refinery (MRC PSR-2 Malaka Refinery) throughput from 130,000b/d to 175,000b/d. The project includes the revamp of a hydro-craker unit and other modifications to the process units and associated offsites and utilities.
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