MRC Global Awarded PFF Agreement From BP International For Global Upstream
HOUSTON, Nov. 7, 2013
HOUSTON, Nov. 7, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced
today that its subsidiary, McJunkin Red Man Corporation, has been awarded a
five year globalframework agreement with BP International Ltd. to supply
pipes, fittings and flanges (PFF) for BP's Global Projects Organization.
This framework agreement enables BP's global project teams (including their
engineering and project management services (EPMS) and their engineering,
procurement and construction (EPC) contractors) to access MRC Global's
international resources to supply PFF products.
BP awarded the contract to MRC Global as a result of MRC Global's
demonstration of technical and commercial capabilities that increase product
quality, reliability and drive standardization within the PFF category.
"This contract is the result of a long-standing relationship between MRC
Global and BP," commented MRC Global Chairman, President and CEO Andrew Lane.
"In addition to our other contracts with BP, this agreement will allow us to
expand the scope of PFF offerings for BP's projects in addition to our other
maintenance, repair and operations (MRO) offerings for BP. We are pleased to
have this opportunity to further service this important global customer."
MRC Global's sales to BP for the past four quarters were approximately $85
About MRC Global Inc.
Headquartered in Houston, Texas, MRC Global, a Fortune 500 company, is the
largest global distributor of pipe, valves, and fittings (PVF) and related
products and services to the energy industry, based on sales, and supplies
these products and services across each of the upstream, midstream and
downstream sectors. More information about MRC Global can be found
James E. Braun, Executive Vice Monica Schafer, Vice President
President and Chief Financial Officer Investor Relations
SOURCE MRC Global Inc.
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