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ExxonMobil names Tenaris as 2024 Supplier of the Year for superior performance and strong commitment to upstream and deepwater operations.
ExxonMobil, a renowned multinational oil and gas company, has reaffirmed itself as a transformative force in the global mining industry. The company stood out in 2023 when it announced significant advances in its operations, aligning its activities with its commitment to improving ESG practices. With a focus on automation and energy transition, ExxonMobil is driving not only the way mining is viewed, but also how it is done. The commitment to innovative technologies and sustainable practices has been central to the company's repositioning.
In March 2024, ExxonMobil made global headlines when it named Tenaris as its Supplier of the Year, highlighting its exemplary performance in supporting the company's operations. upstream and deepwater. This recognition not only reinforces ExxonMobil’s leadership role in the energy industry, but also underscores its continued focus on operational excellence and strategic partnerships. With an integrated approach, ExxonMobil is pushing the boundaries by collaborating with extractive industry leaders to shape the future of the sector.
Engagement in the Mining Sector
In late 2024, ExxonMobil was heavily involved in initiatives aimed at the mining sector, standing out for promoting responsible practices and technological innovations. The company hosted a global conference in London, bringing together experts to discuss the vital role of mining in sustainable economic development. Great emphasis was placed on the need to integrate digital technologies to increase the efficiency and safety of operations.
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In addition, ExxonMobil plans to expand its mineral exploration activities by 2025, capitalizing on emerging opportunities in resource-rich countries. These initiatives aim to further establish the company’s position as a key player in the extractive industry. Collaboration with local governments and institutions aims to create a positive impact in the communities where ExxonMobil operates. This commitment not only strengthens its reputation, but also cements long-lasting partnerships.
The outlook for the coming years is that ExxonMobil will continue to be a beacon of innovation and ethics in the mining industry. This includes the continued introduction of cutting-edge technologies that improve the supply chain and protect the environment. In short, strengthening its positions in global markets offers ExxonMobil the opportunity to redefine standards in the industry.
Sources such as The Financial Times and Bloomberg consistently highlight ExxonMobil’s strategic mining syndication as a successful model, emphasizing its global impact and the changes the company has driven. ExxonMobil’s visionary leadership continues to break barriers, setting an example for other multinationals to follow.
Recognition of Excellence: Tenaris and ExxonMobil
Over the past year, ExxonMobil has watched closely as Tenaris has driven a superior performance worldwide, standing out in strategic regions such as Guyana and the Permian Basin. Collaboration was essential to effectively meet the business needs of the oil and gas multinational, always maintaining high standards of excellence, as highlighted by Rebecca Vest, Vice President of Purchasing at ExxonMobil, in the official statement to Tenaris regarding the award granted.
ExxonMobil acknowledged that Tenaris has consistently delivered a strong commitment in delivering valuable and tangible results. This dedication reiterates Tenaris’ determination to not only provide products and services, but also to ensure the precise execution of all intermediate steps, essential for establishing solid and trustworthy business relationships. Paolo Rocca, President and CEO of Tenaris, stressed that the company’s goal is to be the preferred supplier, promising to continue expanding its capabilities.
Commitment to Quality and Safety
He also congratulated the team for their dedication in developing solutions and services that add significant value, meeting the shared goals high standards in vital areas such as safety, quality and reliable overall performance. Tenaris, as a long-time supplier to ExxonMobil, plays a crucial role in upstream operations in the United States, with its OCTG solutions and services, including the renowned Rig Direct® model, which covers the entire product journey, from manufacturing to the well.
In addition to its contributions in the United States, Tenaris extends its support to ExxonMobil in drilling projects global operations, covering onshore, offshore and particularly deepwater exploration. These collaborations demonstrate Tenaris’ ability to meet the multinational oil and gas company’s wide range of needs with a constant focus on service quality and delivery fulfillment.
ExxonMobil's award is based on a careful analysis of several attributes, which include competitiveness and quality of service, in addition to fundamental aspects such as safety performance, health and environment. Thus, Tenaris stands out not only for its innovation and technical execution, but also for its commitment to meeting and exceeding ExxonMobil's rigorous standards and expectations, establishing a partnership that aims to improve efficiency and safety in all its operations.
Source: EXXONMOBIL Press
