SCME extend OCTG contract

Sumitomo Corporation Middle East (SCME) has recently declared the extension of their contract to supply OCTG’s (Oil Country Tubular Goods, i.e. casing and tubing) to Petroleum Development Oman (PDO) for a further 5 years. The contract includes Supply Chain Management services delivered through their subsidiary company, Sumitomo Corporation Tubular Services Oman (SCTSO), based in Muscat; a joint venture with local Company United Engineering Services LLC (UES).

Sumitomo Corporation (SC) and Nippon Steel & Sumitomo Metal Corporation (NSSMC) first started supply of OCTG including Supply Chain Management services to PDO, the Sultanate’s largest oil and gas producer, in 2003. Sumitomo Corporation continue to supply high quality OCTG’s and reliable Supply Chain Management services which over the years have added value to PDO’s operations and the Sultanate of Oman.

This long term and highly regarded partnership resulted in Sumitomo Corporation  moving its supply base from Dubai to Sohar in 2011, as part of its drive to offer In Country Value for Oman. Further proof of Sumitomo Corporation’s commitment to ICV has now been demonstrated by their move to Duqm port. Sumitomo Corporation will continue to expand their scope of work with PDO as part of the new contract and fully implement an integrated SCM, from “Mill to Wellâ€?, which is expected to further optimise supply chain efficiencies and offer cost savings for PDO.

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