TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has shipped a large batch of premium threaded connection pipe to Gazprom Dobycha Noyabrsk.
The shipment comprised casing pipe with TMK GF and TMK FMC threaded connections, as well as tubing pipe with TMK FMT threaded connections. The shipment totalled over 4.5 kt. Tubular products under this order were manufactured by TMK’s TAGMET, Volzhsky and Sinarsky Pipe Plants. These products will be used for the construction of wells at the Chayandinskoye oil and gas condensate field, the core field of Gazprom’s Yakutia gas production centre and a source of gas for the Power of Siberia pipeline currently under construction.
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TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipe for oil and gas industry, operating more than 30 production sites in the United States, Russia, Canada, Romania, Oman and Kazakhstan and two R&D centers in Russia and the USA. In 2015, TMK’s pipe shipments totaled 3.9 million metric tons. The largest share of TMK’s sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in over 80 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing. TMK’s securities are listed on the London Stock Exchange, the OTCQX International Premier trading platform in the U.S. and on the Moscow Exchange MICEX-RTS.