Infrastructure

India’s Tata Steel partners with IDC in the Middle East

IDC will support and assist Tata Steel in obtaining national oil company approvals in the region

PHOTO: Tata Steel is looking to reduce the total cost of ownership for its customers’ projects. Credit: Tata Steel

Indian steel giant Tata Steel has announced a partnership with the International Development Company (IDC) to strengthen its presence in the Middle East.

IDC will support and assist Tata Steel in obtaining national oil company approvals in the region, it was announced, as the Indian firm looks to reduce the total cost of ownership for its customers’ projects.

“Tata Steel, along with IDC, will introduce its supply capabilities to oil and gas companies in the region, providing them with an opportunity to work with a supplier who has an excellent track record of providing for offshore and onshore line pipe projects worldwide,” said Richard Broughton, Commercial Manager for Energy and Power at Tata Steel.

“Our investments over the last year are testament to our commitment to the industry and we will continue to assist customers by reducing the total cost of project ownership without comprising on quality,” Broughton added.

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