Tenaris scoops North Sea deal with Chrysaor

Business & Finance

Tenaris, a multinational manufacturer and supplier of steel pipes to the oil and gas industry, has secured its first long-term agreement with Chrysaor for the provision of OCTG casing and tubing in the North Sea. 

Tenaris said on Wednesday that the three-year contract includes Rig Direct, a service model that includes a wide array of services that supports customers in every stage of their operations, from string design to running assistance onsite.

It is worth mentioning that Chrysaor purchased its North Sea assets from Shell in 2017. Chrysaor currently operates the Everest, Armada, and Lomond offshore fields in the UK North Sea.

Also, Tenaris will provide conductor and all OCTG products, including casing and tubing with TenarisHydril Blue connections. The connections will come with a dry multifunctional coating that is applied in a fully automatic process.

As part of Rig Direct, Chrysaor will receive pipe management services such as DemandSync, net invoicing, inventory management, and PipeTracer. These services will be performed at Tenaris’ new service center in Aberdeen, inaugurated in September 2017.

The 32,000 square-meter facility has an 18,000-tonne pipe storage capacity. It also includes an inspection and cleaning facility to provide a full suite of Run Ready and inventory management services.

In addition to the pipe management services, Tenaris will also provide a team of certified field service specialists to ensure the correct practices are followed and the products are properly installed at the rig site.