Tenaris Ramps Up Capacity to Address Increasing International and Offshore Production Activity

Tenaris is the largest provider of oil country tubular goods, or OCTG, the steel tubing used to construct oil and gas wells. It controls nearly half the global OCTG market, providing premium and nonpremium solutions for offshore and onshore applications. The firm manages low-cost high-quality manufacturing operations on nearly every continent, enabling it to reap the benefits of a globalized supply chain while maintaining a localized presence. The firm continues pursuing capacity expansions in North America and the Middle East.