Tenaris S.A. - ADR TS

Tenaris S.A., incorporated on January 9, 2002, is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. The Company operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. The Company operates in geographical areas, which include North America, South America, Europe, the Middle East, Africa, and Far East and Oceania.

The Company's products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive. The Company supplies a range of casing and tubing, drill pipe, premium connections, pipe accessories, sucker rods and coiled tubing for use in all types of oil and gas drilling and well completion activities. Its Premium Connections include Weld-on Connectors, Blue Series, Wedge Series 500, Wedge Series 600, Legacy Series, TenarisXP Series and Dopeless technology. The RIG DIRECT offers Pipe Management Services, Technical Consulting Services, Field Services and Rig Direct Academy.

The Company designs and manufactures pipe products for offshore projects. Its offerings include export lines and flowlines, bends, corrosion resistant alloys (clad, lined and solid), coiled line pipe, umbilical tubing and coated pipes. The Company provides both energy companies and sub-sea manufacturers with tubular components to support sea-floor applications that rely on environments, remote sites or host facility for utility and/or well control services. Its Offshore Line Pipe includes Risers, such as Choke and Kill, Coiled Line Pipe, Umbilical Tubing, Export Lines-FlowLines, Bends, Buckle Arrestors and Mooring, and Coating, such as Track Record. Its services include Laser Ends Measurement System, Anode and Anode Pads Installation, and Double Jointing. The Company delivers a range of seamless and welded tubes for onshore line pipe. The Company provides a range of seamless steel tubes and pipes for refineries, petrochemical and gas-processing plants. For coal and gas-fired power stations, it offers a range of tubes and pipes in carbon, special alloy and stainless steels, used for coal-fired boilers and heat recovery steam generators.