Tenaris introduced today to customers its new premium threading facility in Aktau, Kazakhstan.

The new plant will support Tenaris's long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO) and will enhance the service offer to other customers operating in major Kazakhstan fields with commercial, technical, field service and supply chain logistics expertise.

'Tenaris has been a key supplier of OCTG in Kazakhstan, and our Aktau plant is critical to our ability to provide customized solutions with sophisticated products in a region that presents some of the most complex drilling environments,' said Tenaris Chairman and CEO, Paolo Rocca. 'An investment like this today reinforces our commitment to serving the region's oil and gas sector, to our people, our customers, and the community.'

The facility already employs 40 people and is scheduled to hire up to 90 direct employees once at full capacity with 95% local jobs. The $40 million USD, state-of-the-art facility has the capacity to produce 45,000 tons of OCTG and was designed according to the highest safety standards. The facility will operate under Tenaris's global quality, health, safety and environment (QHSE) policy, ISO 9001.

From this facility, Tenaris will thread seamless pipes and gas-tight premium connections, and is equipped to apply its proprietary Dopeless® technology - a dry, multifunctional coating - which offers operational and HSE benefits. Tenaris's products are able to withstand Kazakhstan's most challenging operating conditions both onshore and offshore and our field service specialists are ready to assist operators throughout the entire project.

Tenaris has been operating in Kazakhstan since 2004 with offices in Aktau, Almaty, Aksai and Atyrau, and a service center in Aksai.

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Tenaris SA published this content on 13 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 October 2016 19:19:05 UTC.

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