Tenaris OCTG Regulations and Compliances
Tenaris's headquarter is in the United States. Information on federal regulations and compliance as they relate to entry into the OCTG market is not publicly or readily available. For this reason, this research presents helpful insights into regulations and compliance that could affect this industry.
- The company headquarters is in Houston, Texas United States.
- According to Act 1938, Everyone who wants to export natural gas to a foreign country must first obtain authorization from the DOE.
- According to research, "the EPA regulates air emissions from refineries and fuel distribution systems, including pipelines, trucks, and fuel dispensing facilities or service stations"
- The Federal choices regarding particular constraints on drilling and production on federal land are based on the National Environmental Policy Act (1970).23. The Act obliges federal agencies to evaluate the environmental influence of "major federal actions, mainly by producing Environmental Impact Statements or Environmental Assessments"
- The operation of natural gas pipelines that gives long-distance transmission and local customer distribution is regulated by the federal Department of Transportation (DOT)’s Pipeline and Hazardous Materials Safety Administration.
- The Federal Energy Regulatory Commission (FERC)33 regulates the transportation of oil through interstate oil pipelines but does not oversee pipeline operations"
- According to FERC "Pipelines must receive authorization from FERC before abandoning facilities or other FERC-authorised services. Abandonment is not limited to instances where facilities are no longer in use; rather, the abandonment of facilities by sale also triggers the prior authorization requirement."
- According to FERC "Pipeline companies must provide non-discriminatory access for similarly situated shippers; pipelines are prohibited from: showing any undue preference to any shipper; subjecting any shipper to undue prejudice; or maintaining any unreasonable difference in rates, charges, services or facilities, or in any other respect, between localities or classes of service."
We commenced our research by first reviewing through Tenari's official website and LinkedIn profile to locate their headquarters. The team was able to locate Tenari's headquarters through this search.
Next, in order to provide an overview of the federal regulations and compliance for the US as related to entry into the OCTG market, we first familiarized ourselves with the meaning of OCTG. We found that OCTG is defined as the tubes which were used in oil and gas production. For example, oil pipes, drill pipe, casing, and tubing. The team then reviewed press-releases for any details regarding the federal regulations and compliance for the US as related to entry into the OCTG market. This search only brought details regarding the global market size of OCTG but nothing specific to regulation and compliance regarding entry to the market in the United States.
We then searched the US Trade government website for details correlating to the federal regulations and compliance in the OCTG market. Unfortunately, this yielded no results. The team also searched for white papers on these regulations. We found regulations on the US oil sector as a whole but nothing specific to OCTG was available.
The team decided to broaden the research approach by searching for federal regulations and compliance on oil pipelines, drill pipe, casing, and tubing. We found that the body that regulates oil pipelines in the US is called FERC. We have been able to find some information from FERC regarding the terms and conditions of services offered by interstate pipelines and also information on shipments but nothing relating to entry into the pipeline market. No source provides data specific to the OCTG market, let alone specific to new entrants to the US OCTG market. We hypothesize that this is because OCTG is a niche of a sector of an industry and, therefore, has not received international attention. Consequently, we have attempted to extract useful information from reports on the broader industry, requiring some judgment calls on our part. We therefore, advise contacting the relevant ministries (also provided in this brief) for more information.