Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Tenaris has signed a contract with Petrobras as its supplier of pipes and related services for the Mero-3 deepwater oil exploration block, formerly called Libra.


The order includes the Italian manufacturer’s trademark fittings such as TenarisHydril Blue, Wedge 513, and Wedge 623 according to an Aug 9 statement.


Renato Catallini, president, Tenaris Brasil, assured that the company’s goal is to generate real value for Petrobras’ operations in the Pre-salt, one of the largest deepwater oil reserves in the world.

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