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MILAN (Reuters) - Italian steel pipe maker Tenaris has won a 5-year contract worth $1.9 billion (£1.5 billion) to supply tubulars and services to Abu Dhabi National Oil Company (ADNOC), the company said on Thursday.
MILAN (Reuters) - Italian steel pipe maker Tenaris has won a 5-year contract worth $1.9 billion (£1.5 billion) to supply tubulars and services to Abu Dhabi National Oil Company (ADNOC), the company said on Thursday.
The contract includes the supply of a full array of steel grades and connections to support ADNOC's onshore and offshore E&P expansion projects, Tenaris said.
The contract may be extended for another two years, it added.
(Reporting by Giulio Piovaccari; editing by Pamela Barbaglia)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 87.75 USD | -0.72% | -1.94% | - | ||
| 82.53 USD | -1.01% | -2.84% | - | ||
| 3.46 AED | -0.29% | -1.14% | 11.81B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +10.83% | 21.55B | |
| +15.55% | 4.63B | |
| +2.76% | 825M | |
| +4.64% | 790M | |
| -18.16% | 670M | |
| -16.78% | 630M | |
| +25.37% | 319M | |
| -23.95% | 310M | |
| +51.18% | 301M | |
| -29.39% | 242M |
TENARIS S.A. 
