Visions - Spring/Summer 2013 - (Page 16)
UNCONVENTIONAL – BUSINESSES CONNECT TO OIL AND GAS
NSI Crankshaft Finds New Business In Oil and Gas Exploration
A
car’s crankshaft has long served as the vehicle’s muscle, an automotive component that facilitates the propulsive
connection between the engine’s firing pistons and the car’s turning wheels. In addition to toughness, it requires
fine dimensional precision to operate in an engine with thousands of other components. Sumitomo Corporation and
Nippon Steel & Sumitomo Metal Corporation joint venture Nippon Steel & Sumikin Crankshaft LLC (NSI) experienced success
and a good reputation because of the company’s expertise — supplying precision manufacturing of steel machined shafts
with multiple centers, and a history of success in diesel/gasoline engine crankshafts.
With the recent need for crankshaft technology
for hydrofracturing pump mechanisms that aid
in shale oil and gas exploration, the company
expanded its business to supply this market with
crankshafts, which serve as a core part of the
pump. The demand for fracture pump crankshafts emerged as production of shale gas/oil
started growing around 2008, and there was a
dearth of established machine shops for this
specific component. NSI actively pursued this
new business opportunity and expanded their
business into this market. By early 2012, NSI
established a production capacity of 2,500 pieces
per year for this specific kind of crankshaft.
Pump crankshafts for the oil & gas industry are
an important part of our product portfolio.
Maintaining our position as one of the major
suppliers of pump crankshaft in the market,
NSI is working closely with SC/SCOA’s strong
network in the industry. Considering the cyclical
nature of the market, monitoring the demand
and studying any opportunity for business
expansion is essential.
By continuing to strengthen other parts of the
portfolio – namely, engine crankshafts for
trucks, automobile, marine vehicles, etc. – NSI
continues to explore additional options for
crankshaft use in various markets.
Steel and Non-Ferrous Metal Group Supplies Offshore Drilling Operations
G
rowth in oil and gas offshore drilling has influenced areas outside of our tubular
group. Our Steel & Non-Ferrous Metal Group continues to gain ground in providing
high grade steel plates for building oil and gas offshore drilling/production facilities.
This resulted in our steel plate and structural steel business experiencing significant demand.
The specific products are the high grade
steel plates and structural beams for offshore
structures such as the jack-up rig, fixed
platform, semi-submergible, tension leg
platforms (TLP); spar platforms; and floating
production, storage and offloading unit
(FPSO), etc. High tensile, high toughness,
welding capability and highly reliable steel
are required for these structures.
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S p r i n g | S u m m e r
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These fabricators purchase steel, with Nippon
Steel & Sumitomo Metal Corporation, one of
several potential suppliers. We also connect
with oil companies who decide the project
concept and operate these same facilities,
as well as engineering companies who
design these facilities. For business group
synergy, our Steel & Non-Ferrous Metal
Group keeps closely connected with our
Tubular Business Group because we often
have relationships with the same customers,
the same suppliers and, sometimes even
participate in the same projects.
Table of Contents for the Digital Edition of Visions - Spring/Summer 2013
Visions - Spring/Summer 2013
Contents
Meet our New President and CEO Kazuhiro Takeuchi
Bringing Global Expertise and Foresight to Tubular Market
Our Subsidiary OCTG Distribution Companies Earn Biggest Market Share
SCOA Teams Up with HOWCO for Oil Field Materials and More
SCGTS Creates Value Through Service Integration
Midstream and Downstream Services Business Serve Line Pipe & Specialty Tube Demands
Management Synergy & Coordination Helps Our New Oil & Gas Working Group Put All The Pieces Together
Shale Gas and Tight Oil Projects Look to the Future
NSI Crankshaft Finds New Business In Oil and Gas Exploration
Steel and Non-Ferrous Metal Group Supplies Offshore Drilling Operations
Unique Machine Prospers in Alaska
Construction Equipment Business Serves Oil Sand Project Needs
Pacific Summit Energy Experiences Energy Trading and Marketing Success
Analysis and Prevention are the Keys to Success for Tubular HSE
Visions - Spring/Summer 2013
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