Nippon Steel Corporation (Nippon Steel), together with Sumitomo Corporation, has renewed a long-term contract with Equinor ASA (Equinor) for the supply of OCTG to be used in Norway and international for a maximum period of 9 years.
Over the past 35 years, Nippon Steel, together with Sumitomo Corporation, has been supplying OCTG to Equinor for use in oil and gas development and CCS projects, which contribute to the reduction of greenhouse gas emissions. The renewal of the contract is in recognition of the stable supply of high-performance OCTG supplied by Nippon Steel and Sumitomo Corporation, product development tailored to customer needs, reliable just-in-time delivery services, and steady commitment to low carbon, safety and human rights compliance throughout the supply chain.
