Perma-Pipe International Holdings announced the signing of a $43 million contract for its coating and insulation services in the Middle East. (Source: Shutterstock, Perma-Pipe International Holdings)
Perma-Pipe International Holdings announced the signing of a $43 million contract for its coating and insulation services in the Middle East.
The deal, announced Jan. 10, is for a development project in the GCC region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Perma-Pipe will provide services for an unnamed development project starting in the third quarter of 2025.
The Spring, Texas-based company provides anti-corrosion coatings, fabrication and insulation services.
“This award follows the successful execution of numerous development projects in the region,” said Saleh Sagr, senior vice president for Perma-Pipe in the region, in a press release. “Our differentiated coating solutions have proven to be well-suited for technically challenging projects.”
In July, the company was awarded $10 million in contracts for infrastructure projects in Saudi Arabia.
Recommended Reading
Trump to End Need for Some LNG Export Permit Renewals, Sources Say
2025-01-15 - Trump, who takes office on Jan. 20, has said he would issue an LNG order on day one that would end the pause on approvals for new LNG projects that outgoing President Joe Biden put in place in January last year.
As Energy Secretary, Wright Would Remove Barriers to Projects
2025-01-15 - Liberty Energy CEO Chris Wright, Trump’s nominee to head the Department of Energy, said removing bureaucratic barriers to project development would be a top priority during a Senate confirmation hearing on Jan. 15.
Big Spenders: EPA Touts Billions in Clean Energy Spending
2025-01-15 - Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.
Pickering Prognosticates 2025 Political Winds and Shale M&A
2025-01-14 - For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
API: Congress Needed for Long-Lasting Policy Changes
2025-01-14 - The American Petroleum Institute lays out its political plans as the next presidential administration prepares to take office.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.