Tata Steel clinches mega UK undersea contract

Tata Steel has signed a series of contracts with Subsea 7, one of the world's leading contractors in engineering, construction and subsea services to the offshore industry, to supply undersea pipes to four separate North Sea projects in the UK.
The four contracts, signed over the past year and worth an estimated 10 million pounds in total, will see the Indian steel giant supply in excess of 55 kms of pipe weighing more than 9,000 tonnes.
The pipes will be manufactured at the company's Hartlepool pipe mills in the UK, before being welded and coated at its offshore processing centre, also in Hartlepool.

"This latest series of contracts further demonstrates the breadth of our offering to the Energy & Power sector. Over the last 25 years we have provided more than 83,000 tonnes of pipe to Subsea 7 for 37 projects worldwide," said Richard Broughton, Tata Steel's commercial manager, exploration and production, energy & power.
The company also announced a global framework agreement to further cement the 25-year partnership with Subsea 7.
"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," Broughton added.

According to industry forecasts, the subsea, umbilicals, risers and flowlines markets are set for high growth in the coming years.
Under the latest contracts, Tata Steel will supply around 28 kms of carrier pipe, more than 27 kms of sleeve pipe, girth welding and triple jointing and the application of Glass Flake Epoxy pipe coating.