MRC Global Renews Lower 48 U.S. & Canada MRO Contracts With ConocoPhillips
HOUSTON, April 29, 2014 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that its McJunkin Red Man Corporation subsidiary has signed a five-year contract naming it as supplier of maintenance, repair and operations (MRO) pipe, valve and fitting (PVF) products and services to ConocoPhillips Company's operations in the lower 48 U.S. states. In addition, MRC Canada ULC has entered into a multi-year agreement naming it as supplier of MRO PVF products and services to ConocoPhillips Canada Resources Corp. for its operations in Canada.
"These contracts are the result of a strong relationship between our two companies that spans more than twenty years," Andrew Lane, MRC Global Chairman, President and CEO, said. "Our extensive network of locations, depth and breadth of product and the close relationships between our support staff in the field and ConocoPhillips' operations personnel set us apart from our competitors. I am proud that ConocoPhillips continues to place their trust in MRC Global. ConocoPhillips was MRC Global's fourth largest customer in 2013. With our recent acquisitions outside of North America, we are proud to also support ConocoPhillips in Norway and Australia."
MRC Global currently services ConocoPhillips at more than 50 U.S. locations and more than 20 Canadian locations.
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 at www.mrcglobal.com.
Vice President Investor Relations
MRC Global Inc.
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