
TMS Group Will Replace the Repair of Foreign Equipment
In 2023, Almetyevsk TMS Group plans to diversify its business. It is planned to manufacture equipment for hydraulic fracturing (HF), industrial climate equipment and control valves for petrochemicals. The machine-building division of the TAGRAS holding is also going to develop and produce auto components using the precision metal stamping method. …

Tenaris and Microsoft: Sign 5 Year Digital Transformation Agreement
Tenaris and Microsoft have inked a five-year alliance to identify possible actions that will accelerate the company’s digital transformation, create greater efficiencies and synergies across its value chain, and advance its sustainability goals. Under the Digital Transformation Alliance, Tenaris aims to fast-track its migration to the cloud environment leveraging a …

Tenaris: Leverages Expertise in Product Technology to Support Carbon Capture, Utilization and Storage Projects
Amid the CCUS technological evolution, reliable pipeline design, casing and tubing design, and material selection are important enablers for the permanent, safe storage of significant volumes of CO2. Tenaris technical experts Paolo Novelli, Energy Transition OCTG Project Director, and Stefano Crippa, Line Pipe Product Manager, discuss the CCUS segment and how Tenaris, …

Tenaris and Sandvik Materials Technology Extend Long-Standing Alliance with Renewal of Five-Year Agreement
Tenaris and longtime business partner Sandvik are extending their nearly 20-year alliance with the signing of a new five-year agreement for the supply of OCTG with premium connections and specialty steel alloys, including CRAs, to serve the oil and gas market. The renewed agreement combines Sandvik’s expertise in material technology and the development of corrosion-resistant steel alloys with Tenaris’s excellence in the manufacture of high-quality, high-performing OCTG and premium connections with Dopeless® technology. “Our strategic alliance facilitates closer cooperation on future …

Tenaris: Becomes Service Provider After Acquisition of Baker Hughes’ Fracturing and Wireline Units in Argentina
Tenaris announced today it has completed the acquisition of onshore hydraulic fracturing and wireline assets from Baker Hughes Argentina, including a pressure pumping fleet, coiled tubing unit and related equipment. Javier Martínez Álvarez, Tenaris President for the Southern Cone stated: “This acquisition will enable us to become a relevant player in …

TMK Closed Sale of 100% of Ipsco Tubulars Inc. Shares to Tenaris
Forward-looking statements: The following contains forward-looking statements concerning future events. These statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties. January 03, 2020 – PAO TMK announces that it has closed the sale of 100% of the shares of IPSCO Tubulars …

TMK Announces the U.S. Department of Justice Approved Tenaris’s Acquisition of IPSCO Tubulars from TMK
PAO TMK announces that the U.S. Department of Justice (DOJ) has closed its investigation of Tenaris’s proposed acquisition of IPSCO Tubulars, Inc. from PAO TMK. The proposed transaction was entered into on March 22, 2019 pursuant to a Stock Purchase Agreement between PAO TMK, one of the world’s leading producers …

Tenaris, Severstal Team Up for Oil Pipe Production in Siberia
Steel pipe maker Tenaris will team up with Severstal, one of Russia’s largest steel producers, to make steel pipes in the heart of Russia’s oil and gas sector in Siberia, they said on Tuesday. New industrial projects with Western partners have been rare in Russia in the last five years …

Tenaris Completes Acquisition of Significant Stake in Saudi Steel Pipe Company
Tenaris S.A. announced today that it closed its previously-announced acquisition from a private group of 47.79% of the shares of Saudi Steel Pipe Company, a welded steel pipes producer listed on the Saudi stock market, for a total amount of SAR 529.8 million (approximately US$141 million). SSP’s facilities are located in the Eastern Province of the Kingdom …

Noble Achieves Exceptional Torque and Running Speed with the New TenarisHydril Wedge XP™ Connection
Noble Energy, Inc. tested the torque capability of the TenarisHydril Wedge XP™ connection during rotating while cementing in the Rockies Connections for extended reach laterals and severe doglegs Noble Energy was facing the challenging drilling conditions of the Niobrara shale in the Rockies region of Colorado. Anticipated difficulties included long laterals and potentially severe …