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 million.
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 atwww.mrcglobal.com.
James E. Braun, Executive Vice
Monica Schafer, Vice President
President and Chief Financial Officer
SOURCE MRC Global Inc.