TPi November 2014

business & market news

Sandvik and Tenaris sign strategic alliance agreement Sandvik and Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy OCTG materials and technology to the oil and gas industry. “This strategic alliance will facilitate closer cooperation on future innovations targeting the most demanding applications in the market,” said Michael Andersson, head of the tube product area of Sandvik. “Together, our research and development capability will be unmatched in the industry allowing us to develop and offer unique solutions for the most challenging operational environments faced by our customers.” The prospect of bringing together the companies’ technologies – with Sandvik’s corrosion-resistant alloy tubes and TenarisHydril premium connections with Dopeless ® technology – will bring benefits including a complete offer for the market. This is particularly true in challenging oil and gas exploration and production environments, such as high pressure/high temperature and deep water, where harsh conditions call for safe operational material solutions while reducing environmental impact. “We look forward to building significantly on our joint offering and capabilities as a result of this renewal of our strategic alliance,” said Sebastián Salenave, sales manager of Tenaris. “The product portfolios of our companies complement each other perfectly and together we can reach every location with our extensive global network supporting oil and gas exploration and production worldwide.”

São Paulo

Southeast A S I A

Bangkok

Shanghai

Düsseldorf Houston Suzhou

Mumbai

Moscow Dubai

j o i n t h e b e s t w o r l d w i d e

Sandvik AB – Sweden www.sandvik.com

Tube Düsseldorf: Innovations go global

Tenaris SA – Luxembourg info@tenaris.com www.tenaris.com

Take advantage of the highest calibre expertise of the No. 1 international fair as the show goes global. Draw on international synergies from these leading trade fairs. A cycle of regional events, staged in succession around the globe, responding to local market and customer needs. Detailed information on the full programme can be found at: www. t ube . de

Corrosion resistant alloys will be supplied to the OCTG industry

Messe Düsseldorf GmbH P.O. Box 101006 _ 40001 Düsseldorf _ Germany Tel. +49(0)211/4560-01_Fax +49(0)211/4560-668 www.messe-duesseldorf.de

21

www.read-tpi.com

November 2014 Tube Products International

tub1402_WW_87x260+3_INT.indd 1

04.02.14 11:08