Hunting enters long

Jun 04, 2023

Hunting (OTCPK:HNTIY) enters into a 10-year strategic partnership with Zhejiang Jiuli Hi-Tech Metals for the supply of corrosion resistant alloys for Oil Country Tubular Goods, carbon capture, utilisation and storage and geothermal applications.

The partnership also adds to Hunting's existing OCTG product portfolio and enables the supply of the widest range of premium OCTG for its client base, within the international energy and transition markets, as projects accelerate in the key areas of North America, Middle East and Africa and Asia Pacific.

Commenting on trading, Jim Johnson, CEO, "Our relationship with Jiuli has been strengthening over the past three years and this partnership provides both partners a strategic framework to move up the value chain in offering world class quality premium CRA tubing and casing with Hunting's Seal-LockTM premium connection to the oil and gas, CCUS and geothermal industries. Hunting continues to make strong progress in its energy transition strategy, which will be a key area of growth in the coming years."