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Maharashtra Seamless receives first order of subsea sour service seamless pipes

16 Jul 2022 Evaluate

Maharashtra Seamless has received its first order of subsea sour service seamless pipes from an esteemed customer with basic value of around Rs 130 crore. The company has displayed its technical expertise by successfully developing subsea sour service seamless pipes in-house in its continuous efforts to provide import substitution products and enhance margins.

Subsea sour service seamless pipes are high value addition pipes and are used for subsea transportation of crude oil and gas in high pressure environments. Capacities for these pipes have been developed for the first time in India keeping in view the Government’s policy of Aatmanirbhar Bharat.

Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology.

Peers
Company Name CMP
JSW Steel 1274.05
Tata Steel 183.60
Steel Authority 176.60
Jindal Stainless 750.75
APL Apollo Tubes 2181.00
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