Hunting PLC secures a $145m OCTG order from Kuwait Oil Company, increasing sales order book to $665m.
Hunting PLC secures a record $145m OCTG order from Kuwait Oil Company, increasing its sales order book to $665m. The casing will be supplied via Hunting's Asia Pacific end-to-end integrated OCTG supply chain and revenue is expected to be recognized from late Q4 2024 into 2025. This win supports the company's 2030 strategy to deliver revenue and profit growth through OCTG and in geographies such as the Middle East.
May 15, 2024
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