Categories: BusinessShopping

Sandvik and Tenaris sign new five-year 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. By this agreement Sandvik and Tenaris look to build on an already long established and successful alliance that goes back over a decade.

Sandvik Tenaris - Image 1Sandvik Tenaris - Image 1“This strategic alliance will facilitate closer cooperation on future innovations targeting the most demanding applications in the market. 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. With our combined technologies we set the industry standard,” said Michael Andersson, Head of the Tube Product Area of Sandvik.

The prospect of bringing together the companies’ high-end technologies – with Sandvik’s corrosion resistant alloy tubes and TenarisHydril premium connections with Dopeless technology – will bring many benefits including a complete offer for the market. This is particularly true in the most 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,” he added.

AddThis Website Tools
Gulf Daily Mail

Recent Posts

Ellora Group Launches Riyadh Branch, Targets Broader Expansion Across Saudi Arabia

RIYADH, June 2 – Ellora Group, a leading Doha-based distributor of building materials and industrial fasteners,…

4 weeks ago

Key Takeaways from Trump’s Gulf Visit: Strengthened U.S.-GCC Economic Ties

DUBAI – President Donald Trump’s recently concluded visit to the Gulf Cooperation Council (GCC) countries has…

1 month ago

Dubai’s June 2025 Concerts: A Month of Unmissable Live Music

DUBAI – Dubai’s music scene is set to sizzle this June with a lineup of international…

1 month ago

UAE Gears Up for a Spectacular June 2025 with Festivals, Concerts, and Cultural Events

DUBAI – The United Arab Emirates is set to host a vibrant array of events this…

1 month ago

Etihad Airways and UAE Ministry of Higher Education Forge Strategic Partnership

ABU DHABI– Etihad Airways, the national airline of the United Arab Emirates, has entered into…

1 month ago

Ancelotti Begins New Era as Head Coach of Brazil’s National Football Team

RIO DE JANEIRO – Carlo Ancelotti has officially arrived in Brazil to commence his role as…

1 month ago