Tata Steel has inked contracts worth Euro 10 million (Rs 82 crore) with Subsea 7 to supply undersea pipes to four separate North Sea projects.
"The four contracts, signed over the past year and worth an estimated Euro 10 million in total, will see Tata Steel supply in excess of 55 km of pipe weighing more than 9,000 tonnes," the company said in a statement.
Under the contracts, Tata Steel will supply around 28 km of carrier pipe and 27 km of sleeve pipe. The pipes would be manufactured at the company's Hartlepool pipe mills in the UK.
Tata Steel said to mark the strengthening relations between the two companies, it has also signed a global framework agreement with Subsea 7 which cements and formalises the companies' long-standing partnership, which first began 25 years ago.
"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, Commercial Manager Exploration and Production, Energy & Power, Tata Steel.
