28th Oct 2008 08:58
October 28, 2008 PRESS RELEASE
TMK Ships Premium Connections to Salym Petroleum Development
TMK (LSE: TMKS), one of the world's largest oil and gas pipe producers, announces today that it began supplying TMK FMT Premium threaded tubing to Salym Petroleum Development (SPD). The agreement also includes the rendering of oil and gas field services, making it the first time a Russian pipe producer provides a customer with a complete tubular solution, from product design and manufacturing to running and technical assistance.
Produced at TMK's Sinarsky Pipe Plant, the 88.9 mm OD TMK FMT Premium tubing with wall thickness of 7.34mm and N80 steel grade will be used in SPD's West Salym oilfield. The agreement also included the supply of drill stem subs and couplings.
The shipments and services are carried out by TMK Premium Service Division, which offers a range of patented tubular connections and services, including running assistance, technical support and maintenance.
TMK FMT is a premium-class tubing connection, offering extra gas tightness properties and superior tension and compression parameters. It is designed for oil and gas well applications, including corrosive environments. Following successful certification with the VNIIGAZ and VNIITneft testing bodies, the TMK FMT is currently undergoing international certification.
TMK (www.tmk-group.com)
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
For further information please contact:
TMK IR Department
Alexei Ratnikov
Tel: +7 495 775 7600 ext. 2078
Email: [email protected]
TMK PR Department
Alexey Sotskov
Tel: +7 495 775 7600 ext. 2125
Email: [email protected]
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