A Completely Random Post -- Tenaris

This link is just to satisfy my nostalgia. About two years ago I invested in Tenaris but sold it some months later; I currently hold no shares in Tenaris and have no plans to do so.

Although this link only brought back pleasant memories for me, it might give other investors another idea of how to play the Bakken or the oil industry in general.

Tenaris and PCC Energy Group, a business of Precision Castparts, have been awarded a milestone contract to supply 9-5/8" Range-3 Corrosion Resistant Alloy (CRA) tubing for Saudi Aramco's Arabiyah & Hasbah offshore gas development project.

Together, the companies will supply 57,400 feet of 9-5/8" OD CRA casing used as tubing (Alloy 28 and G3), which will ship out over the course of several months. The plain end pipes will be manufactured by Precision Castparts' Energy Group at its forging plant in Houston, Texas.

Subsequently, the material will be threaded with TenarisHydril BlueTM and Wedge 513TM premium connections at Tenaris's state-of-the-art threading facility in the Kingdom of Saudi Arabia.