Tata Steel Ltd.

BSE: 500470 | NSE: TATASTEEL
Large Cap | Steel & Iron Products
169.15
0.50 (0.30%)
< Home < Back

Tata Steel secures deepwater contract for Gulf of Mexico, USA

Date: 26-04-2012

Tata Steel has bagged a high eight-figure US dollar contract to supply pipe for Enterprise Products Partners L.P.'s new crude oil export pipeline in the Gulf of Mexico's Keathley Canyon area.

Tata Steel will deliver more than 48,000 metric tonnes of steel pipe from its 42-inch mill in Hartlepool, England for the Lucius Development Project, which has the capacity to produce in excess of 80,000 barrels of oil per day.

Tata Steel will provide 105 miles (169 kilometres) of 18-inch diameter line pipe. The pipe will be laid at water depths of up to 7,000 feet (2,133 metres) and is designed to meet the required specification for deepwater conditions.

Tata Steel is one of the world’s top ten steel producers. The combined group has an aggregate crude steel capacity of more than 28 million tonnes and approximately 80,000 employees across four continents.