Hunting PLC announced that it has secured a second OCTG order with Kuwait Oil Company (KOC), through distributor in Kuwait, with an order value totaling $86 million. The OCTG casing and connections related to this order are similar to those announced on 15 May 2024. This second order continues to strengthen Hunting's relationship with KOC and supports key initiatives in-country by KOC to increase annual hydrocarbon production, in addition to further developing natural gas output.

With this order, Hunting has now been awarded contracts with a total value of $231 million from KOC for OCTG casing and its premium connections. Including this new order, the Group's sales order book has increased to $751 million, which including other Subsea and Advanced Manufacturing orders, extends Hunting's revenue visibility into 2025 and 2026, supporting the strong outlook for the company.