Tenaris S.a. · MIL:TEN
Tenaris — Investor Presentation (June 2018)
30 slides from Tenaris's investor presentation, Jun 7, 2018
Slide 1: Company Overview
Company Overview
Slide 2: Global Leader in Pipes for the Oil & Gas Industry
Global Leader in Pipes for the Oil & Gas Industry Serving the world's energy industry and other industrial applications 5.3 18 5 US$ billion Countries R&D Centers Annual net sales Manufacturing Worldwide (2017) facilities Sales by Region Asia Pacific 22,000 30 Middle East & Africa 4% North America 1
Slide 3: Worldwide Operations
Worldwide Operations Hammerfest Tananger Stavanger Aberdeen Esbjerg Copenhagen Moscow Fort McMurray Grande Prairie Leduc Nisku Edmonton Aksai Red Deer Calgary Bienfait Paris AlgomaTubes Munich Campina Prudential St. John’s Lugano Dalmine Ploiesti Toronto Silcotub Bucharest Aktau Pittsburgh Beijing D
Slide 4: A History of Industrial Enterprise
A History of Industrial Enterprise Agostino Rocca, Techint’s founder, Siderca expands capacity Dalmine joins strategic is Managing Director at Dalmine. for export markets. alliance. 1930s 1954 1980s 1993 1996 Tamsa and Siderca begin Siderca and Tamsa form operations. strategic alliance. Launch of Te
Slide 5: A History of Industrial Enterprise
A History of Industrial Enterprise Tenaris opens its first Tenaris expands in USA, Canada and Tenaris opens new seamless pipe facility in Bay Colombia through Maverick Tube Corp. rolling mill in Mexico. City, Texas, United States. 2006 2007 2011 2013 2017 With Hydril, Tenaris expands Tenaris starts
Slide 6: Integrated Industrial Management
Integrated Industrial Management 4 Electric steel shops 3.8 Million tons of seamless pipes 13 Seamless rolling mills 2.6 Million tons of welded pipes 25 Welded tube mills ISO 9001:2015 53 Heat treatment lines Single Quality Management System 103 Premium threading lines ISO 14001 and OHSAS 18001 6.3
Slide 7: Market Segments
Market Segments Leading global manufacturer and supplier of tubular products and services used in: • Drilling, completion and production of oil and gas • Transportation of oil and gas • Process and power plants • Specialized industrial and automotive applications OCTG Premium Line Pipe for Hydrocarb
Slide 8: OCTG
Market Segments OCTG Tenaris June 7, 2018 8
Slide 9: A complete product and service package for the oilfield
A complete product and service package for the oilfield Tenaris supplies a full range seamless and welded, high quality casing and tubing as well as premium connections, OCTG accessories, drill pipe, sucker rods and coiled tubing for use in all types of oil and gas drilling and well completion activ
Slide 10: Rig Direct
Rig Direct® Integrated solution that addresses costs, quality, operational efficiency and sustainability • Product optimization and standardization • Inventory/working capital reduction • Operational cost savings and process simplification • Shorter and more flexible supply chain • Consistent QHSE m
Slide 11: Premium Connections
Market Segments Premium Connections Tenaris June 7, 2018 11
Slide 12: TenarisHydril Premium Connections
TenarisHydril Premium Connections A full range of integral and threaded and coupled premium threads to take on the challenges of different drilling environments and applications. • Unconventionals • Casing-While-Drilling • Deepwater • Horizontal & Extended Reach Wells • Shallow Water • Thermal (SAGD
Slide 13: Line Pipe
Market Segments Line Pipe Tenaris June 7, 2018 13
Slide 14: Line Pipe for Offshore Applications
Line Pipe for Offshore Applications Pipelines designed for offshore applications demand due-diligence. “There is no room for compromise.” Offshore Pipeline Products & Services: • Steel Catenary Risers • Flowlines • Jumpers & Spools • Clad and Lined Pipes • Corrosion Resistant Alloys • TenarisHydril
Slide 15: Line Pipe for Onshore Applications
Line Pipe for Onshore Applications Pipelines designed for onshore applications facilitate delivery. “Product To Market.” Onshore Pipeline Products & Services: • Upstream Hydrocarbon Gathering Lines • Midstream Hydrocarbon Trunk Lines • Downstream Feed Stock • Right-of-Way (ROW) Stringing • Project E
Slide 16: Hydrocarbon Processing
Market Segments Hydrocarbon Processing Tenaris June 7, 2018 16
Slide 17: Hydrocarbon Processing
Hydrocarbon Processing Tenaris provides a wide range of seamless steel tubes and pipes for refineries, petrochemical and gas-processing plants. Tenaris has developed the Total Cost of Ownership model, which takes into account all variables that may impact on project, measuring and controlling the co
Slide 18: Power Generation
Market Segments Power Generation Tenaris June 7, 2018 18
Slide 19: Power Generation
Power Generation Tenaris provides a complete range of seamless tubes and pipes in different steel grades for all Power Generation applications (HRSG, SC/USC Boilers, Waste to Energy, Heat Exchangers, Nuclear, IGCC, Renewable, CCS). • Thor™115, a ferritic steel with increased Cr • Tighter wall thickn
Slide 20: Industrial & Mechanical
Market Segments Industrial & Mechanical Tenaris June 7, 2018 20
Slide 21: Industrial & Mechanical
Industrial & Mechanical • Tenaris provides hot-rolled and cold-drawn seamless steel tubes and components used in standard mechanical engineering applications and in civil and industrial installations as well as for manufacturing earth-moving machines, architectural structures, non-oil drilling syste
Slide 22: Automotive Services
Market Segments Automotive Services Tenaris June 7, 2018 22
Slide 23: Automotive Services
Automotive Services • Tenaris provides a wide range of seamless tubes and tube-based components according to ISO TS 16949 for car manufacturers and their suppliers • Cold-drawn and hot-rolled seamless tubes produced for application in airbags, steering, chassis and suspensions, heavy trucks and trai
Slide 24: An Integrated R&D Network
An Integrated R&D Network We are responsible for developing and testing products used in many of the world's most advanced oil and gas exploration, production and processing activities and in specialized mechanical applications Our global R&D footprint: • Five dedicated R&D centers located in Argent
Slide 25: R&D Network: Areas of Research
R&D Network: Areas of Research From our R&D centers we perform specific scientific and technological research into: • TenarisHydril premium connections • Manufacturing processes including • Corrosion-resistant materials, HT/HP and steelmaking, hot rolling, heat treatment, non- sour service steels de
Slide 26: Pursuing the Highest Standards in QHSE
Pursuing the Highest Standards in QHSE Lost Time Injury Frequency rate • QHSE standards and objectives integrated into all Accidents per million man/hours management processes 3.5 • Principles of sustainable development 3 integrated into all operations 2.5 2 5,0 • Employee health and safety, custome
Slide 27: Investing in Our People
Investing in Our People Personnel employed by country • TenarisUniversity organizes company-wide 21,605 employees training including managerial and leadership Dec. 2017 development focused on knowledge excellence and active employee participation Others 5% USA • 32 hours of training per salaried emp
Slide 28: Community Relations
Community Relations Investment in Community programs • Conviction that industry contributes to US $9.5 million sustainable growth and inclusive 2017 community development Social inclusion and • Education is the primary focus of our sustainability community programs and we have a major 6% commitment
Slide 29: Business Conduct Compliance
Business Conduct Compliance • A Code of Conduct, a Policy on Business Conduct and a Code of Conduct for Suppliers including guidelines and standards of integrity and transparency. • A Business Conduct Compliance Officer (BCCO) leading the Business Conduct Compliance Program across the company. • Reg
Slide 30: Tenaris June 7, 2018
Tenaris June 7, 2018 30