Tenaris and BP Sign Four-Year Contract for Tangguh UCC Project in Indonesia
Tenaris SA, a Luxembourg-based steel pipes supplier, has signed a four-year contract with BP PLC, a London-based oil and gas firm, to provide casing and tubing for the Tangguh UCC project in Papua Barat, Indonesia. The agreement includes the supply of 13Cr steel grade tubulars, along with technical support and field services. Tenaris's managing director for Asia Pacific, Liu Jinghua Philix, emphasized the importance of this initiative for Indonesia's energy security and its commitment to lower carbon solutions.
Theia Market Signal Identification - AI AssistedIn a strategic move to bolster Indonesia's energy security, Tenaris SA, a prominent steel pipes supplier based in Luxembourg, has entered into a four-year agreement with BP PLC, the esteemed oil and gas firm headquartered in London. This partnership will see Tenaris supply vital casing and tubing, including specialized 13Cr steel grade tubulars, for the Tangguh UCC project located in Papua Barat, Indonesia.
The Tangguh UCC project encompasses the development of the Ubadari gas field, which aims to enhance gas recovery through innovative carbon capture, utilization, and storage techniques, alongside onshore compression initiatives. Liu Jinghua Philix, Tenaris's managing director for the Asia Pacific region, highlighted the significance of this collaboration in advancing lower carbon solutions that align with global energy transition goals.
Philix expressed confidence in Tenaris's ability to meet BP's diverse needs, ensuring the project's execution remains safe, compliant, and efficient. This partnership not only reaffirms Tenaris's commitment to Indonesia’s energy landscape but also strengthens its credibility with key stakeholders in the region. As Indonesia continues to navigate its transition towards sustainable energy solutions, Tenaris stands ready to contribute to this critical journey, leveraging its global expertise alongside robust local capabilities.
Comments