Tenaris and Sandvik are extending their alliance of almost 20 years with the signing of a brand new five-year settlement for the availability of OCTG with premium connections and specialty metal alloys, together with CRAs, to serve the oil and gasoline market
The strategic partnership between Tenaris and Sandvik began in 2003 so as to add worth to the oil and gasoline business by way of joint analysis, product improvement, and the manufacture of specialized tubular options for demanding purposes. The renewed settlement combines Sandvik’s experience in materials know-how and the event of corrosion-resistant metal alloys with Tenaris’s excellence within the manufacture of high-quality, high-performing OCTG and premium connections with Dopeless know-how.
“Our strategic alliance facilitates nearer cooperation on future improvements concentrating on essentially the most demanding purposes out there. Collectively we will probably be unmatched within the business permitting us to develop and supply distinctive options for essentially the most difficult operational environments confronted by our prospects,” mentioned Goran Bjorkman, president, Sandvik Supplies Expertise.
“We proceed to attract from our mixed strengths in R&D and manufacturing to supply prospects differentiated options, unmatched within the business right this moment,” mentioned Tenaris chairman and CEO Paolo Rocca. “And, because the sector pivots with a higher concentrate on low-carbon options, we’re best-positioned and have the know-how to execute initiatives for the power transition resembling carbon seize and storage, geothermal and gasoline manufacturing – segments that require superior supplies and product applied sciences that maximise efficiency whereas lowering environmental influence.”