PDO signs USD200m contract with local pipe manufacturer
Petroleum Development Oman (PDO) has signed a USD200mn pipe supply contract with an Omani factory as part of its in-country value (ICV) strategy to retain more of the oil and gas industry’s wealth in the Sultanate. The four-year deal will mean the Gulf International Pipe Industry (TMK-GIPI) will manufacture a variety of pipelines for both PDO and other operators. (Times of Oman)
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