Sandvik
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The deal includes Sandvik’s exploration rigs, consumables, production stock, and selected trademarks and patents. -
Sandvik and Van Oord’s announcements come a week after oil major BP said it’s slashing 10,000 jobs.
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Sandvik and SNC-Lavalin made similar announcements in late March and would take further action if necessary.
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Sandvik said it received the first large-scale stainless steel umbilical tube order for Mero. The tubes will be encapsulated by Prysmian Group.
