Tenaris said it will pay more than £900 million ($1.2 billion) to buy the Houston-based piping company IPSCO Tubulars.
The new bypass and other projects in Aberdeen are expected to strengthen office market activity in and near the city this year.
A global supplier of steel tubes to the energy sector has said Argentine prosecutors don't have the authority to place its boss under preventative detention.
A global supplier of steel tubes to the energy sector has told its chief executive to continue in the role despite his inclusion in a fraud case in Argentina.
Oil and gas supply company Tenaris is the latest business to take space at the Marischal Square development in Aberdeen.
North-east oil service firm Ramco said today it had clinched four contracts worth more than £35million.
Jose Capita was today named as one the men who died after the helicopter he was on crashed, according to Tenaris.
Tenaris has said one of its employees may have been on a fatal helicopter flight which was en route to a Chevron platform in Angola.
Tenaris has netted a contract to work on Statoil’s massive Mariner project in the North Sea which will lead to the creation of up to 20 jobs in Aberdeen. The tubing and casing manufacturer will provide connections as well as associated services from its UK base in Aberdeen. Last month, Statoil awarded Baker Hughes a contract for production chemicals and services for the Mariner field.