Tenaris Unveils Industrial Complex in Abu Dhabi Worth USD 60 Million
Tenaris has launched Etihad Tubulars, an industrial complex in Abu Dhabi, with an investment of USD 60 million. This industrial complex underscores the robustness of the company’s long standing partnership with ADNOC. Feb 15, 2024 Tenaris has inaugurated its new Abu Dhabi industrial complex, Etihad Tubulars, with a USD 60 million investment. This industrial complex […]
Tenaris S.A. to Acquire Mattr’s Pipe Coating Business for USD 166 Million
Tenaris S.A. has signed an agreement for USD 166 million to acquire 100 percent shares of Bredero Shaw International BV, a subsidiary of Mattr, holding pipe coating business. The transaction is expected to be completed in approximately six months. Aug 14, 2023 Tenaris S.A. announced that it has signed an agreement to acquire 100% of […]
Tenaris Acquires isOplus’ Oil, Gas Division with USD 10 Million Investment, Expands Line Pipe Coating Business
Tenaris acquired isOplus’ oil and gas division, under the name of Tenaris Coating Italy, with a USD 10 million investment. As per Mr. Andrea Previtali , Tenaris Vice President Line Pipe and Process, and President of the newly acquired company, this investment enhances Tenaris’ value proposition in the offshore market. Jul 3, 2023 Tenaris has […]
Aker BP and Subsea7, Norway, Contract Tenaris to Supply Tubing, Casing, and Line Pipes for Fenris Project
Aker BP and Subsea7 Norway have contracted Tenaris to supply orders for the Fenris Project, Norway. Tenaris will supply approximately 7,000 tonnes of pipes and 10,000 tonnes of line pipes, of different dimensions, to Aker BP and Subsea7 respectively. May 22, 2023 Aker BP, Norway, and Subsea7 Norway have contracted Tenaris, Norway, for 2 different […]
Saudi Steel Pipe Secures USD 25 Million Contract with Tenaris Global
In March this year, Saudi Steel Pipe signed a deal with Tenaris Global Services for the supply of steel pipes for the oil & gas sector. Saudi Steel Pipe Company (SSPC), Saudi Arabia’s premier manufacturer of welded steel pipes, has concluded their contract with Uruguay-headquartered Tenaris Global Services. The deal was about supplying oil and […]
Tenaris Takes Over Steel Pipe Producer Benteler
The deal between Tenaris and Benteler is expected to be closed during the fourth quarter of the current year. Luxembourg-headquartered Tenaris S.A. is going to take over 100 percent of the shares of the US-based steel pipe producer Benteler Steel/Tube, for about USD 460 million. Benteler Steel/Tube, part of the group company – Benteler North […]
