PUBLISHED ON 11/10/2020

Tenaris has renewed its agreement with Petrobras, reinforcing the long-standing partnership between both companies in Brazil.

'The extension of our long-term agreement with Petrobras is of key importance to our operations in Brazil and confirms our ability to develop tailor-made solutions and services for our customers. This two-year extension for the main contract includes the supply of pipes with BlueDock® connectors under the Rig Direct® service model,' says Renato Catallini, Tenaris President in Brazil.

Rig Direct® is a fully integrated approach that feeds pipe from the production units and service centers directly to the rigs, ready to be run, contributing to simpler and more sustainable operations. Through the three main pillars of Rig Direct®: well planning, value chain integration and well integrity, Tenaris partners with Petrobras through every step of their projects.

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Tenaris SA published this content on 10 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2020 13:52:02 UTC