Tianjin-based Chinese steelmaker Tianjin Pipe (Group) Corporation (TPCO) has inked a framework agreement with state-owned China National Petroleum Corporation (CNPC) regarding cooperation in international goods and services procurement, following the previous strategic procurement agreement signed between the two sides in 2012.
Accordingly, the two companies will deepen their cooperation and establish a strategic partnership in the fields of oil casing pipes and welded pipes, while cooperating in developing international markets.