BIT:TENEnergy Services
Tenaris (BIT:TEN) Valuation Check After New Sakarya Offshore Contract In Turkey
Tenaris (BIT:TEN) has secured a contract to supply line pipe, OCTG, coating, and related services for the Sakarya Phase 3 offshore project in Turkey, drawing fresh attention to the stock among energy focused investors.
See our latest analysis for Tenaris.
The new Sakarya contract comes after Tenaris reported an €8 million investment in a water filtration system at its Bay City mill. The share price has recorded a 14.70% year to date return alongside a 5 year total shareholder return of...