Renewal of 10 year Long-Term Agreement for OCTG Supply with Shell- A strategic partnership committed to ensuring stable energy supply and strengthening our operational framework -

Sumitomo Corporation and Nippon Steel Corporation (“Nippon Steel”) have entered into a 10-year framework agreement with Shell Global Solutions International B.V. (“Shell”) for the global supply of oil country tubular goods (“OCTG”). A formal signing ceremony was held on October 14 in The Hague, Netherlands.

For over five decades, Sumitomo Corporation and Nippon Steel have been trusted suppliers of seamless OCTG products to Shell’s operating companies across more than 20 countries. This new agreement reflects this long history of collaboration and recognizes the comprehensive capabilities of both companies highlighting Nippon Steel’s consistent delivery of high-quality premium OCTG, alongside Sumitomo Corporation’s robust supply chain management services such as inventory control, maintenance and just-in-time delivery factored in this contracting decision.

This agreement reaffirms the commitment of all parties to ensure a secure and reliable supply of OCTG to support Shell’s global operations. Over the next decade, the partnership will focus on enhancing the value of the offering by expanding the product portfolio, optimizing supply chain efficiency, and leveraging digital technologies to improve traceability and transparency.

Sumitomo Corporation and Nippon Steel remain dedicated to deepening their strategic collaboration with Shell, contributing to the stable supply of energy and delivering long-term value to stakeholders.

Related Information :
Extension of contract for local OCTG supply with Brunei Shell Petroleum Company Sendirian Berhad
NSSMC and SC Renews a Global Framework Agreement with Shell
50th Anniversary Ceremony of Tubular Steel Supply to Shell