The Sultanate’s leading pipe manufacturer, Gulf International Pipe Industry (GIPI) LLC, part of global pipe manufacturer GIPI, has signed a four-year 200 million USD contract with Petroleum Development Oman (PDO) to produce and supply a variety of pipelines sized 6”-24” diameter. Almost 80% of the awarded contract represent 6” line pipes (flowlines) widely used by PDO in day to day operations.
This achievement is a result of a teamwork between the whole Group, Technical Expertise, Research and Development and the site team at GIPI that worked together this summer on completing the 8”-24” mill expansion at Sohar for the manufacture of smaller 6”-7” pipe sizes, used for oil and gas well delivery.
PDO Managing Director Raoul Restrucci said: “We are delighted to sign this contract with GIPI which will see an Omani factory manufacturing piping both for PDO and other operators. As well as boosting ICV, there is also a fantastic opportunity for this state-of-the-art plant to supply its products and services across the region”.
GIPI signs US$200M contract with Petroleum Development Oman
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