Saudi Arabia to Establish a USD 270 mn Stainless Seamless Pipe Plant
The stainless steel seamless pipe manufacturing plant will be set up in a joint venture between SeAH Gulf Special Steel and King Salman Energy Park. Saudi Arabia’s King Salman Energy Park (SPARK) has signed an agreement with SeAH Gulf Special Steel to establish a seamless pipe factory at an investment of 1 billion Saudi riyals […]
Steel Pipe Makers: Huge Stock Gainers as Govt. Encourages Infra Projects
The steel pipe manufacturers are all set to be greatly benefitted from the CAPEX investments by the central and state governments in the sectors such as oil & gas, petrochemicals, and so on. The steel pipe industry is amongst the top gainers in the stock market as there is huge demand generated by numerous sectors, […]
Venus Pipes and Tubes: Aiming to Expand Existing Capacity by Manufacturing Higher Diameter Welded & Seamless Pipes
Venus Pipes and Tubes Ltd. is one of the leading stainless steel pipe and tube manufacturers with a firm reputation. While growing in the field of innovations, Venus has expanded its wings of uncompromised services and products worldwide. In an interview with Tube & Pipe India, Mr. Arun Axaykumar Kothari, Managing Director and CFO, Venus […]
K.D. Industries: ‘Quality Products and Fast Turnaround Time are Our Strengths’
K.D. Industries Inc. is one of the leading manufacturers of carbon steel ERW pipes and tubes in the UAE. The company’s close proximity to the port ensures prompt imports of raw materials to its facility, as well as delivery of finished goods to its clients. K.D Industries uses the latest technology and equipment, to ensure […]
Cairn Oil & Gas’s Mangala Oil Field Celebrates 13th Year-Anniversary
Cairn Oil & Gas, which has three oil fields in Rajasthan (Mangala, Bhagyam, and Aishwariya), is intending to double its production capacities and further increase its contribution to India’s oil & gas sector. Cairn Oil & Gas, India’s largest private sector crude oil producer and a unit of Vedanta Group, has reached a significant milestone […]
Tullow Oil Reaches Out to ONGC Videsh, IOCL for a Kenyan project
Tullow Oil is optimistic about finding an investor for the onshore oil project in Kenya during the second half of this year. London-headquartered Tullow Oil has reached out to India’s major PSU in the oil & gas sector – ONGC Videsh Ltd. in Nairobi. The discussions between the two firms are about the London-based firm’s […]
Saudi Steel Pipe Secures USD 25 Million Contract with Tenaris Global
In March this year, Saudi Steel Pipe signed a deal with Tenaris Global Services for the supply of steel pipes for the oil & gas sector. Saudi Steel Pipe Company (SSPC), Saudi Arabia’s premier manufacturer of welded steel pipes, has concluded their contract with Uruguay-headquartered Tenaris Global Services. The deal was about supplying oil and […]
US Cold Drawn Seamless Steel Pipes Market Report 2022 by Research and Markets
Increased offshore spending and new oilfield discoveries are expected to create significant growth opportunities for the players operating in the cold drawn seamless steel pipes market, as per the market research and analysis by Research and Markets. Research and Markets has released a new market research report, titled, “U.S. Cold Drawn Seamless Steel Pipes Market […]
ONGC Earmarks the Investment of INR 31,000 Crore for Oil & Gas
ONGC also mentioned that it is planning to leverage international collaborations with reputed global majors for the same, for which talks are already in an advanced stage. The Oil and Natural Gas Corporation (ONGC) India is planning to invest INR 31,000 crore in the upcoming three years. The infused funds will be deployed in exploring […]
