Nippon Steel Corporation and Sumitomo Corporation jointly received the Equipment Supplier of the Year Award 2020 from Shells Wells Organization (Shell). Nippon Steel and Sumitomo Corporation received the award for the fourth time, following awards in 2015, 2018, and 2019.
The Supplier of the Year Award is presented to the suppliers that have significantly contributed to Shells exploration and production targets while advancing its goal of becoming a net-zero business by 2050.This award is given to the supplier which makes continued significant contributions to Shells competitiveness through the supply of essential products like steel pipes on time and on budget at a high standard.
Nippon Steel and Sumitomo Corporation have maintained relationships regarding oil country tubular goods (OCTG) with Shell for over 40 years and are currently under a 10-year contract period up to 2025. Both Nippon Steel and Sumitomo Corporation have contributed to Shell by proposing total solutions which include stable supply of high-end OCTGs, development of new products which match specific needs of Shell, and solid delivery service by use of Supply Chain Management (SCM). By making best use of proprietary technology and services, Nippon Steel and Sumitomo Corporation will continue to contribute to innovation in oil and gas development efforts, which are becoming increasingly difficult and advanced.
Nippon Steel works with, develops, and applies world-leading technologies and manufacturing capabilities, and contributes to society through activities that match with the United Nations Sustainable Development Goals (SDGs), including Goal 11: Make cities and human settlements inclusive, safe, resilient, and sustainable.
Courtesy of Nippon Steel Corporation.