Tenaris Analysis

INTRODUCTION
CURRENT SITUATION

Tenaris is a leading manufacturer and worldwide supplier of steel tubes and related services to the global energy industry and other industrial applications. Major customers include most major oil and gas companies in the world, as well as engineering companies engaged in the construction of facilities to collect, transport and processing of oil and gas and power generation. Among the principal products include tubing, casing, drilling and production and driving, as well as mechanical and structural pipes. In the last two decades have succeeded in expanding operations globally through a series of strategic investments. Currently operating with a global network of manufacturing facilities, research and finishing of steel tubes and related services to industrial operations in the Americas, Europe, Asia and Africa and have direct presence in most major markets of oil and gas.

The Company

The corporate and commercial is Tenaris SA The Company was incorporated as a "public limited liability company" (société anonyme) under the laws of the Grand Duchy of Luxembourg. The registered office of the Company is located at 29 avenue de la Porte-Neuve, 3rd floor, L-2227, Luxembourg, telephone (352) 2647-8978. Your agent for securities law purposes in the U.S. is Tenaris Global Services (USA) Corporation, located at 2200 West Loop South, Suite 8000, Houston, TX 77027......continues

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