Tenaris to Supply OCTG & Services to Pluspetrol in Ecuador
Tenaris has signed a three-year contract with leading Latin American private oil and gas company Pluspetrol for the supply of OCTG and services in Ecuador.
The partnership starts with the dispatch of 3,800 tonnes of 13 3/8 inch to 4 1/2 inch OCTG with TenarisXP Buttress and TenarisHydril Blue connections for six wells in Ecuador’s Villano field, where the customer plans to start operations in February 2021. In addition to supplying pipes, Tenaris will also provide Pluspetrol with technical assistance in the field.
Pluspetrol started its operations in the Ecuadorian market in 2019, when it acquired Block 10 of the Amazon rainforest from AGIP Oil. Since its arrival in Ecuador, Pluspetrol has become the fifth largest private producer in the country.