India’s MAN Industries (India) has been included in QatarEnergy’s Preferred Manufacturers List (PML) for carbon steel LSAW pipes, coating and bends, making the company eligible to bid for large-diameter pipe requirements under QatarEnergy’s projects.
The approval strengthens MAN Industries’ position in the Gulf energy market and follows its recent expansion in Saudi Arabia through National Pipe Company (NPC), according to the company.
Earlier this Last month, Man Industries completed the acquisition of Saudi Arabia’s National Pipe Company through its wholly owned subsidiary Man International Steel Industries Company (MISIC) in a deal valued at approximately USD 102 mln. NPC operates HSAW and LSAW pipe manufacturing facilities in Dammam and Dhahran with an installed production capacity of around 430,000 tons per year, supplying products to the oil and gas, water transmission and infrastructure sectors.
The company said the listing supports its strategy of developing relationships with major energy companies in the GCC and expands its access to QatarEnergy’s project pipeline.
Man Industries manufactures large-diameter carbon steel pipes for the transportation of oil, gas, petrochemicals and water. The company has a combined annual production capacity of approximately 1 mln tons of LSAW and HSAW pipes and 200,000 tons of ERW pipes.