MRC Global Announces Chevron Award - WKRN News 2

MRC Global Announces Chevron Award

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SOURCE MRC Global Inc.

HOUSTON, Feb. 6, 2014 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that Chevron USA Inc. has added MRC Global and its subsidiaries as a strategic valve supplier on the Future Growth Project in Kazakhstan. In addition, Chevron recently extended its Worldwide Master Contract to enable MRC Global and its subsidiaries to transact business with Chevron in Australia for approved pipe, valve and fitting (PVF). The companies have also reached an agreement allowing subsidiaries of MRC Global to provide PVF products for maintenance, repair and operations (MRO) to Chevron's operations in Thailand. 

"We are very pleased that Chevron added MRC Global as a strategic PVF supplier in these major international operations," MRC Global Chairman, President & CEO Andrew Lane said. "Chevron has been our largest customer for the past four years.  As MRC Global has grown and expanded internationally, we are now in a position to serve our top customers on a much broader scale and have worked closely with Chevron to add PVF capabilities and support in Australia, Kazakhstan and Thailand to our current North America base MRO business."

This announcement follows previous expansions to the worldwide master agreement naming MRC Global as a preferred supplier to Chevron's operations in Canada, Brazil and, Angola.

"Our worldwide master agreement is built upon more than 60 years of servicing Chevron's business around the world," Mr. Lane said. "A relationship that began with MRC Global supporting Chevron's Richmond, California facility in the 1950s now spans six continents and expands each year as MRC Global continues to look for additional areas to further serve Chevron by creating the most efficient and effective PVF supply chain possible."

Chevron USA Inc. is a wholly owned subsidiary of Chevron Corporation.

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.


Contacts:


Monica Schafer

Vice President Investor Relations

MRC Global Inc.

Monica.Schafer@mrcglobal.com

832-308-2847

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