In a recent press release, Tenaris announced the official restart of operations at its Prudential facility in Calgary (Canada) after production was interrupted for two years. Guillermo Moreno, president and managing director of Tenaris in Canada, stated, “This facility is critical to the Canadian energy industry because it provides a flexible, secure and committed domestic source of welded pipe supply.”
Tenaris first announced the restart of its facility in March following an agreement with the United Steelworkers Local Union 7226 and the success of Tenaris’s Rig Direct business model. Tenaris’s restart plan has focused on a safe startup of operations providing training and certification for over 140 recalled employees. The Rig Direct model capitalizes on a local, synchronized supply chain to offer customers mill to well service, feeding rigs in real time, reducing inventory, streamlining processes and lowering the environmental footprint. Approximately 75 percent of Tenaris’s OCTG sales in Canada are through Rig Direct.