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Equinor Extends 35-Year Partnership: Nippon Steel and Sumitomo to Supply OCTG for Up to 9 Years

Equinor ASA (NYSE:EQNR) shares are trading higher today. Nippon Steel Corporation (OTC:NPSCY) and Sumitomo Corporation (OTC:SSUMY)  have renewed a long-term contract with Equinor to supply OCTG for use in Norway and internationally for up to 9 years. The contract renewal recognizes their stable supply of high-performance OCTG, customer-focused product development, reliable delivery, and commitment to low carbon, safety, ...