Tenaris has completed its acquisition of Mattr’s pipe coating business unit (Shawcor) for US $182.6 million (including estimated working capital and US$16.9 million in cash).
Efforts to level the OCTG playing field in the United States and to raise the profile of the domestic industry has led to the creation of the U.S. OCTG Manufacturers Association (USOMA).
As Tenaris’s first wind farm in Argentina enters full operations, the company has secured additional rights to the grid, paving the way for a second wind farm, that when combined, will almost entirely power the Siderca seamless mill in Campana with renewable energy. Both wind farms will provide competitive power without subsidies due to the exceptional wind conditions found in certain parts of Argentina.
2023 marks the 10th anniversary of Tenaris’s groundbreaking of its seamless pipe mill in Bay City, Texas – the company’s first greenfield project in the United States.
Petrobras – which celebrates its 70th anniversary this year – has recognized Tenaris as one of the company's best suppliers in 2022.
Tenaris will be exhibiting at the Argentina Oil & Gas 2022 Expo, the main oil and gas trade show in the region, held September 11-14 in Buenos Aires. Through a digital and immersive experience, the booth will feature the latest solutions and projects developed by Tenaris and sister companies, Tecpetrol and Techint Engineering and Construction.
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