DNOW Inc. entered a definitive merger agreement to acquire MRC Global in an all-stock transaction valued at about $1.5 billion including net debt, creating a combined energy and industrial solutions provider with over 350 locations in more than 20 countries.
London, Ontario-based Emco Corporation completed its acquisition of MRC Global's Canadian division, announced March 14, 2025. Its nine locations in Alberta, British Columbia and Ontario will be rebranded Midfield Valve & Supply over the coming year.
MRC Global Norway was awarded contracts by Aker Solutions to supply valves, instrumentation, piping, tubing and fittings for the 924 MW Sunrise Wind offshore project off New York. Full operation is expected in 2025.
MRC Global's subsidiary signed an agreement to be the primary global provider of valves and related products and services to ExxonMobil, covering global projects and MRO across downstream, EU and Asia Pacific operations.
MRC Global Norway will supply specialty valves, manifolds and fittings for Statoil's Johan Castberg project, and was named provider for DEA's Dvalin project. MRC Global Sweden also signed a four-year deal to supply gate, globe and check valves to Statoil Refining Denmark.
MRC Global (Sweden) AB signed a four-year agreement to be the primary provider of gate, globe and check valves to Statoil Refining Denmark A/S, expanding the relationship into Denmark.
MRC Global was named provider of instrument tubing, fittings, valves and manifold products to Deutsche Erdoel AG (DEA) for its Dvalin project on the Norwegian Continental Shelf, expected to begin production in 2020.
MRC Global Norway AS will supply specialty and high alloy valves, manifolds, fittings, tubing and other items for Statoil's Johan Castberg project in the Barents Sea, with Statoil's investment decision expected in 2017.
MRC Global's subsidiary MRC Global (US) Inc. extended its contract to provide integrated supply services and gas distribution products, including pipe, valve and fitting products, to NiSource Inc. on 17 July 2017.
MRC Global became the preferred provider of pipe, valve and fitting products and services to PBF Energy under a five-year agreement. It will also serve PBF's recently acquired Torrance and Chalmette refineries.