Service Companies & Manufactures

PJSC “TMK” and the controlling shareholder of PJSC “ChelPipe”, Andrei Komarov, announce the deal for the acquisition of 86.54% of shares in PJSC “ChelPipe” by PJSC “TMK”. All necessary approvals, including the approval of Russia’s Federal Antimonopoly Service, have been received. “Today’s event is another step in the implementation of …

Pipe Metallurgical Company (TMK) has started shipping pipe products for Uzbekneftegaz JSC under an annual contract. More than 9 thousand tons of pipes have already been delivered to the partners. The annual contract with Uzbekneftegaz JSC was signed following the results of bilateral negotiations in December 2020 at the Embassy …

PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2020. FY 2020 Highlights Financial – FY Revenue down 28% year-on-year at RUB 222.6 billion, largely reflecting the disposal …

CGG, a world leader in Geoscience, announced today its fourth quarter and full year 2020 audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “In the particularly challenging year of 2020, which saw the collapse of the oil & gas market across the second and third quarters, we …

Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California. The BECCS plant will convert agricultural waste biomass, such as almond trees, into a renewable synthesis …

Asset Guardian Solutions Limited (AGSL) is pleased to announce it has become an official corporate partner for the Scottish Association for Mental Health (SAMH). The new partnership will see AGSL and SAMH work together to promote and raise awareness of the mental health cause, and the support SAMH offers to individuals …

Adi Pendyala, Senior Director of Market Strategy at Aspen Technology, shared his expert opinion on the development and application of modern technologies based on artificial intelligence (AI) and machine learning, and presented an overall concept and the definition of AI, particularly in terms of its use in resource-intensive industrial companies. …

Paradigm Drilling Services (PDS) based in Inverurie, Aberdeenshire, part of Paradigm Group B.V. which is headquartered in Groot-Ammers, the Netherlands, have recently launched their services in Russia by appointing a local industry expert to promote their drilling services and innovative drilling equipment. The newly appointed PDS representative, Yury Bredelev, will …

Baker Hughes and Akastor ASA have announced an agreement to create a joint venture company (Company) that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s wholly owned subsidiary, MHWirth AS (MHWirth). The Company will deliver a global full-service offshore drilling equipment offering that will provide customers …

TMK has supplied seamless steel pipes to the Sharjah National Oil Corporation (SNOC) to transport Mahani Gas production to SNOC Sajaa Gas Plant in Sharjah, UAE. The shipment totaled over 5 thousand tonnes. The 16” (406.4 mm) pipe produced at TMK’s Volzhsky Pipe Plant is intended for use in aggressive …