One of the largest offshore oilfields in the world – the Zakum oil field in the United Arab Emirates – has purchased 5,400 tonnes of clad steel plates from the world's largest steel company, ArcelorMittal.
The steel in question will be used to build new wells and processing units that will enable Zakum Development Company (ZADCO) to increase its production capacity by 25% by 2017. Currently, the plant produces 500,000 barrels of oil per day.
The steel will be used by Tectubi Raccodi and EEW who will manufacture tubes and fittings using the steel. Germany-based EEW will use 4,342 tonnes and Tectubi Raccodi of Italy the remaining 1,101 tonnes. Deliveries from ArcelorMittal's Le Creusot plant in France will begin next month (April) and will be completed by July.
The Le Creusot plant will run at full capacity for four consecutive months to produce the required steel.