MAN Industries Wins Order Worth 1,850 Cr. for Offshore Project

July 8, 20241125 Views Offshore, Orders, Steel

MAN Industries (India) Ltd. has been awarded an order from a ‘top-tier international Oil & Gas company’, valued at Rs. 1,850 crore for the supply of Carbon Steel line pipes for an offshore project. The company shared this information in its stock filing dated 8th July 2024.

Scope of work for this contract includes supplying API 5L grade Carbon Steel line pipes and Submerged Arc Welding (SAW) Pipes, which are scheduled for delivery over the next 12 to 18 months.

Commenting on this order win, Mr. Nikhil Mansukhani, Managing Director of MAN Industries, said “The start of the year is proving exceptionally strong for MAN Industries, highlighted by the multiple orders totaling approx. INR 4000 Crores+…We expect this momentum to continue during the year”.

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