Tenaris S.a. · MIL:TEN
Tenaris — Investor Presentation (April 2019)
31 slides from Tenaris's investor presentation, Apr 5, 2019
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 7.7 18 5 4 US$ billion Countries R&D Centers Stock exchanges Annual net sales Manufacturing Worldwide New York Buenos Aires (2018) facilities Italy Mexico Sales by Region 23,500 30
Slide 3: Worldwide Operations
Worldwide Operations Tenaris April 5, 2019 3
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 products Tenari
Slide 6: Integrated Industrial Management
Integrated Industrial Management 4 Electric steel shops 4.3 Million tons of seamless pipes 13 Seamless rolling mills 2.9 Million tons of welded pipes 30 Welded tube mills ISO 9001:2015 54 Heat treatment lines Single Quality Management System 109 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 April 5, 2019 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 of 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 ac
Slide 10: Introducing Rig Direct®
Introducing Rig Direct® Integrated service solution covering technical advice on product selection, collaborative demand and supply planning, efficient supply chain management from the mill to the rig and on-site technical assistance. • Single Quality and HSE management system certified to the highe
Slide 11: Benefits of Rig Direct®
Benefits of Rig Direct® • Reduction in material purchases, storage and handling with zero stock-out • Lower inventory levels resulting in reduced working capital • More efficient operating processes • Shorter and more flexible supply chain • Lower environmental impact SUSTAINABLE COST REDUCTIONS • S
Slide 12: Premium Connections
Market Segments Premium Connections Tenaris April 5, 2019 12
Slide 13: 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 14: Line Pipe
Market Segments Line Pipe Tenaris April 5, 2019 14
Slide 15: Line Pipe for Offshore Applications
Line Pipe for Offshore Applications Tenaris stands ready to respond to operators’ needs for fast-track subsea projects. Offshore Pipeline Products & Services: • Steel Catenary Risers • Flowlines • Jumpers & Spools • Clad and Lined Pipes • Corrosion Resistant Alloys • TenarisHydril Blue® Riser • Ther
Slide 16: 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 17: Hydrocarbon Processing
Market Segments Hydrocarbon Processing Tenaris April 5, 2019 17
Slide 18: Hydrocarbon Processing
Hydrocarbon Processing Tenaris provides a wide range of seamless steel tubes and pipes for refineries, petrochemical and gas-processing plants. Tenaris designed the Total Cost of Ownership model, which takes into account all variables that may impact on project, measuring and controlling the corresp
Slide 19: Power Generation
Market Segments Power Generation Tenaris April 5, 2019 19
Slide 20: Power Generation
Power Generation Tenaris provides innovative products & services to meet the most stringent requirements in the Power Generation Industry (HRSG, Boilers and Heat Transfer Equipments), offering a customized and flexible package, which allows Power Plant builders and owners to reduce their Total Cost
Slide 21: Industrial & Mechanical
Market Segments Industrial & Mechanical Tenaris April 5, 2019 21
Slide 22: Industrial & Mechanical
Industrial & Mechanical • Tenaris provides hot-rolled and cold-drawn seamless steel tubes and components used in mechanical engineering applications and in civil and industrial installations as well as for manufacturing earth-moving machines, architectural structures, non-oil drilling systems and ga
Slide 23: Automotive Services
Market Segments Automotive Services Tenaris April 5, 2019 23
Slide 24: Automotive Services
Automotive Services • Tenaris provides a wide range of seamless tubes and tube-based components according to IATF 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 traile
Slide 25: 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 26: 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 27: 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 • Principles of sustainable development integrated into all operations 2 5,0 • Employee health and safety, customer 2.7 2.
Slide 28: Investing in Our People
Investing in Our People Personnel employed by country • TenarisUniversity organizes company-wide 23,500 employees training including managerial and leadership Dec. 2018 development focused on knowledge excellence and active employee participation Others 5% USA • 44 hours of training per salaried emp
Slide 29: Community Relations
Community Relations • Conviction that an industrial project contributes to sustainable growth and inclusive community Investment in Community programs development US $11.7 million 2018 • Education is the primary focus of our programs and we promote technical education as a tool for Social inclusion
Slide 30: 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 • Regul
Slide 31: Tenaris April 5, 2019
Tenaris April 5, 2019 31