Nippon and Sumitomo receive “Equipment Supplier Award”

Nippon Steel Corporation and Sumitomo Corporation jointly received the Equipment Supplier of the Year Award 2020 from Shell’s Wells Organization (Shell).

The Supplier of the Year Award is presented to the suppliers that have significantly contributed to Shell’s exploration and production targets while advancing its goal of becoming a net-zero business by 2050.

Nippon Steel and Sumitomo Corporation have maintained relationships regarding oil country tubular goods (OCTG) with Shell for over 40 years and are currently under a 10-year contract period up to 2025. Both Nippon Steel and Sumitomo Corporation have contributed to Shell by proposing total solutions which include the stable supply of high-end OCTGs, development of new products which match the specific needs of Shell, and solid delivery service by use of Supply Chain Management (SCM). By making the best use of proprietary technology and services, Nippon Steel and Sumitomo Corporation will continue to contribute to innovation in oil and gas development efforts, which are becoming increasingly difficult and advanced.