Sandvik Materials Technology has received several orders for advanced tubes for the oil and gas industry at a combined value of about SEK 1bn, with the majority being umbilical tubes. Orders were booked in the first quarter of 2019 and deliveries are scheduled as from the second half of 2019.
âI am pleased that our strong product offering continue to meet customer demands, making us a key supplier of high value-added tubular products for the energy segmentâ?, says Göran Björkman, President of Sandvik Materials Technology.
