Energy & Power

Tenaris S.A. (Luxembourg)

Company Profile Analysis

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Tenaris S.A. (Luxembourg) - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

T

Tenaris S.A. (Luxembourg) Overview

Tenaris S.A. was established in 2001 and headquartered at Luxembourg City, Luxembourg. It has operational presence over 25 locations across four continents, and had 19,070 employees globally till December 2016..

The company has one major business segment, Tubes. OCTG Sub segment under products & services offers operations such as Casing and Tubing, Steel Grades, Premium Connections, Dopeless technology, Drill Pipe, Coiled Tubing, Oil and Gas Tools and Accessories.. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China).

Strategy

The company sees expansion as key strategy and continued partnership & collaboration of its services to the existing global network. Tenaris inaugurated its new fully automated Dopeless Technology line on May 4th 2016, at its threading facility in Aberdeen. The USD 4.5 million investment increases the plant’s Dopeless production capacity per year to 10,800 pieces from 3,600. It allows Tenaris to serve customers better operating in extreme conditions with a technology that increases operational efficiency, improves safety, minimizes the environmental impact of drilling and reduces costs. Tenaris opened an advanced corrosion laboratory in Brazil on November 24. With an investment of 2.8 million USD, Tenaris built the lab on an area of 180 square meters at its welded tubes mill in Pindamonhangaba, São Paulo. The laboratory will be focused on the development, qualification and certification of pipes and fittings used for the exploration and production of oil and gas in sour environments.

Company Snapshot

$10,338M

Revenue

SWOT Analysis

Strengths

  • Global presence
  • Wide range of oil country tubular goods
  • Strong investment in research & development

Weaknesses

  • Company's revenue gradually decreased in last 3 years
  • End market facing challenges

Opportunities

  • Growing demand for oil & gas
  • Appearance of shale drilling outside US borders gives a huge opportunity to the company
  • Implementation of modern drill pipe manufacturing technology

Threats

  • Volatility in global inflation rates
  • Other global players
  • Developments in renewable energy sector

Product Offering

  • Tenaris S.A. (Luxembourg)
    • Drill Pipe

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Tenaris S.A. (Luxembourg) as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Tenaris S.A. (Luxembourg)

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