MRC Global Awarded Multiple Nordic Project and MRO Contracts
HOUSTON, July 17, 2017 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that its Norwegian subsidiary, MRC Global Norway AS, will provide specialty and high alloy valves, manifolds, fittings, tubing, enclosures, tube clamps and other special items for Statoil's Johan Castberg project. The Johan Castberg project is located in the Barents Sea; Statoil is expected to make an investment decision in 2017.
MRC Global was also named the provider of instrument tubing, fittings, valves and manifold products to Deutsche Erdoel AG (DEA)'s Dvalin project in the Norwegian Continental Shelf. The project is expected to be completed and begin production in 2020.
In addition, MRC Global (Sweden) AB signed an agreement to serve as the primary provider of gate, globe and check valves with Statoil's subsidiary in Denmark: Statoil Refining Denmark A/S. This four-year agreement further expands the longstanding relationship between the two companies into a new geography.
"These agreements are the result of many years of serving our customers as an extension of their supply chain with our product expertise and international sourcing strategy," MRC Global President & CEO, Andrew R. Lane said. "We look forward to continuing to grow with them and support both Statoil and DEA the coming years."
About MRC Global Inc.
Headquartered in Houston, Texas, MRC Global is the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products and services to the energy industry and supplies these products and services across each of the upstream, midstream and downstream sectors. More information about MRC Global can be found on our website www.mrcglobal.com.
Contact:
Monica Broughton
Investor Relations
MRC Global Inc.
Monica.Broughton@mrcglobal.com
832-308-2847
Local Contact:
Margrethe Hauge
Regional Managing Director Nordic/Germany
MRC Global Inc.
Margrethe.hauge@mrcglobal.com
+47 957 96 920
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SOURCE MRC Global Inc.
