Oil
Tenaris invests $10 million in Nigerian pipe-coating upgrade
Tenaris has upgraded its pipe-coating facility in Onne as part of a $10 million investment to support Nigeria's offshore energy sector.
Key points
- Tenaris invested $10 million to rebuild a pipe-coating line at the Onne oil and gas free zone.
- The project includes the only five-layer thermal insulation plant in Sub-Saharan Africa.
- The company completed the coating campaign for the Bonga North deepwater development.
What happened
Tenaris Global Services has marked its twenty-fifth anniversary in Nigeria by completing a $10 million overhaul of its pipe-coating infrastructure. Businessday NG reported that the firm inaugurated an upgraded thermal insulation plant at the Federal Lighter Terminal within the Onne Oil and Gas Free Zone.
Operated via its Pipe Coaters Nigeria Limited unit, the facility features a five-layer thermal insulation system alongside a three-layer anti-corrosion coating line. According to the company, this installation represents the sole plant of its kind across Sub-Saharan Africa.
Why it matters
The investment coincides with the finalisation of the Bonga North offshore coating contract. Company representatives noted that executing the complex schedule locally demonstrates the country's technical readiness for large-scale maritime energy developments.
During a period between 2014 and 2023 marked by market sluggishness and exiting suppliers, Tenaris maintained its operations in the country. Heineken Lokpobiri, the minister of state for petroleum resources, acknowledged the firm's persistence during those leaner years, according to Businessday NG.
What comes next
Leadership at Tenaris anticipates rising demand as domestic operators scale up and deepwater exploration picks up pace. Executives highlighted upcoming offshore ventures such as Bonga Southwest, Obodo, and Zabazaba as potential opportunities for utilising the newly expanded local manufacturing capacity.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
8.8% of Ghana’s merchandise exports were fuels in 2025Countries in this story
Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.
