Tata Steel has announced it has signed a global framework agreement with Subsea 7, a leading contractor in engineering, construction and subsea services to the offshore industry, which will formalise a 25-year working relationship between the two global giants. This long-standing partnership, which has seen four multi-million pound North Sea contracts signed in the last 12 months alone, is cemented by the new agreement.
Consisting of four separate projects, the latest contracts are believed to be worth in the region of £10 million and will see Tata Steel supply in excess of 55km of pipe weighing more than 9,000 tonnes.
As a leading supplier of products and services to the oil and gas industry, Tata Steel will supply around 28km of carrier pipe, more than 27km of sleeve pipe, girth welding and triple jointing and the application of Glass Flake Epoxy pipe coating. Welding and coating will take place at the company’s offshore processing centre in Hartlepool, UK.
Tata Steel’s exploration and production commercial manager, Richard Broughton said: “Our work with Subsea 7 over the years has been extensive, particularly in the North Sea oil and gas industry, which has become an increasingly important market for us. The new framework agreement will extend the work our companies already do together on a global scale, demonstrating the value of Tata Steel in today’s oil and gas industry. We have the ability to provide the carrier pipe, sleeve pipe and carry out the coating work in-house demonstrating the customer-focused approach Tata Steel takes. Subsea 7 is an important supply chain partner and our relationship with the company continues to grow.”