TMK Announces FY 2020 IFRS Results
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 …
TMK: Announces 9M 2020 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the nine months ended September 30, 2020. 9M 2020 Highlights Financial 9M Revenue down 32% year-on-year at RUB 163.1 billion, reflecting the disposal of …
TMK: Premium Pipes First Run Into a Well at the Sakhalin-1 Project
A casing string made up of premium threaded connection pipes manufactured by TMK was successfully lowered into a well from the Berkut offshore ice resistant stationary platform at the Sakhalin-1 project’s Arkutun-Dagi field. The 168.28 mm pipes were manufactured at the Orsky Machine Building Plant, owned by TMK, using an integrated 3-tier quality …
TMK announces delisting of its GDRs from LSE
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that, further to previous announcements and following the application to the Financial Conduct Authority and the London Stock Exchange, the listing and admission to trading on the LSE of its Regulation S …
TMK Announces Application to Delist its GDRs from LSE and Intention to Terminate its Depositary Receipts programmes
PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces that it has applied to the London Stock Exchange for the cancellation of the listing and admission to trading of its Regulation S and Rule 144A Global Depositary Receipts (CUSIP: 87260R201 and …
TMK Announces 2Q 2020 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the six months ended June 30, 2020. 2Q 2020 Highlights Financial – 2Q Revenue up 2% quarter-on-quarter at RUB 56.7 billion, reflecting …
TMK Announces 1Q 2020 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the three months ended March 31, 2020. The Group management decided to use the Russian rouble instead of the US dollar as the presentation …
TMK’S Board of Directors Approves a Tender Offer by its Subsidiary for its Ordinary Shares and Delisting of its GDRs
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that the Board of Directors of TMK, at its meeting on 8 April 2020, has approved a programme to purchase ordinary shares of the Company. In addition, the Board of Directors of …
TMK Takes Leading Positions in RSPP and AK&M Ratings for Sustainable Development and Social Effectiveness
PAO TMK has confirmed its status as a leader in the field of sustainable development and social effectiveness among Russian companies. In 2019, TMK attained leading positions in rankings for best corporate practices in Responsibility and Transparency, and Sustainable Development assigned by the Russian Union of Industrialists and Entrepreneurs, or …
TMK Announces the U.S. Department of Justice Approved Tenaris’s Acquisition of IPSCO Tubulars from TMK
PAO TMK announces that the U.S. Department of Justice (DOJ) has closed its investigation of Tenaris’s proposed acquisition of IPSCO Tubulars, Inc. from PAO TMK. The proposed transaction was entered into on March 22, 2019 pursuant to a Stock Purchase Agreement between PAO TMK, one of the world’s leading producers …