23rd Jul 2008 09:56
July 23 2008 PRESS RELEASE
ТМК Oilfield Services Division Increases its Production Capacities
In early July, 2008 ТМК Oilfield Services Division, launched tubing production line at its facilities in the city of Buzuluk (Russia), enhancing its ability to provide the customers with a set of services both for maintenance and repair, and production of high-tech tubular goods.
The existing processing line used for tubing repair was upgraded to be able to produce new tubing. The line annual capacity amounts to 11 thousand tonnes of pipes.
As it was outlined by Sergey Agaphonov, TMK Oilfield Services' CEO, an increase of TMK's production capacity in the oil and gas fields is in line with the Company's strategic goal to provide a full range of high-tech products and services for oil and gas industry.
OOO "TMK Oil Field Services" was set up in 2008 to manage TMK's assets located in key Russia's oil and gas regions.
TMK (www.tmk-group.com)
Founded in 2001, TMK (LSE: TMKS) is the largest pipe producer in Russia and one of the three global market leaders.
In 2007, TMK shipped over 3 million tonnes of pipes. TMK supplies to companies in more than 60 countries.
TMK production facilities are located in Russia, the United States, Romania and Kazakhstan
Volzhsky Pipe Plant
Seversky Tube Works
Taganrog Metallurgical Works
Sinarsky Pipe Plant
TMK IPSCO
TMK-Resita SA
TMK-Artrom SA
TMK-Kaztrubprom
TMK Oilfield Services
TMK-Premium Service
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