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Tenaris controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Federal judge permanently enjoins OFS International over six connections

    Ruling

    A federal judge issued a permanent injunction prohibiting OFS International from manufacturing, marketing, selling, licensing, or providing threading services for six connections. Tenaris had alleged that the connections were based on confidential information and trade secrets stolen from its subsidiary IPSCO Tubulars. The injunction permanently bars OFS International from the specified activities concerning the six connections. The event concerns allegations by Tenaris that the connections were based on confidential information and trade secrets taken from IPSCO Tubulars, a Tenaris subsidiary.

    Source excerpt

    • United States Magistrate Judge Christina Bryan signed the permanent injunction order earlier this week, which provides that OFSi is “PERMANENTLY ENJOINED from manufacturing, marketing, selling, offering for sale, licensing or providing threading services” for the six connections at issue in the lawsuit, including the BHT and BHT-S.
    • A federal judge has ordered OFS International, LLC, (OFSi) to stop manufacturing and selling six connections which Tenaris alleged were based on confidential information and trade secrets that OFSi stole from Tenaris’s subsidiary, IPSCO Tubulars.
    Source

  2. 2011

    Uzbekistan foreign-bribery scandal and FCPA settlement

    Tenaris disclosed and resolved allegations that employees and agents made improper payments to officials of Uzbekistan’s state-controlled oil and gas company during public tenders. The U.S. Department of Justice said the conduct involved payments, inaccurate books and records, and the use of competitors’ bid information. Tenaris agreed to a $3.5 million criminal penalty under a non-prosecution agreement and approximately $5.4 million in SEC disgorgement and prejudgment interest under the SEC’s first deferred-prosecution agreement.

    Source

  3. Violence connected to TenarisTamsa union dispute

    The TenarisTamsa facility in Veracruz was the site of repeated clashes during a dispute over union leadership involving rival factions. Public accounts describe injuries and deaths associated with the confrontations. The episode is part of the labor and governance controversies reported in connection with the Mexican facility.

    Source