TMK Announces Board of Directors decisions and Management Changes
TMK today announces decisions taken by the Board of Directors at a meeting held on June 21, 2019. Dmitry Pumpyanskiy was re-elected as the Chairman of TMK’s Board of Directors. The Board of Directors has elected Igor Korytko, Vice President for Efficiency Management of TMK, as the CEO of the …
TMK and NOVATEK Sign a Strategic Partnership Agreement to Supply Premium Tubular Products
PJSC TMK (TMK) and PJSC NOVATEK (NOVATEK) signed a Strategic Partnership and Cooperation Agreement at the 23rd St. Petersburg International Economic Forum. Dmitry Pumpyanskiy, Chairman of TMK’s Board of Directors, and Leonid Mikhelson, Chairman of NOVATEK’s Management Board signed the document. The agreement outlines key policies and approaches for supplying TMK’s premium casing and tubing pipe to NOVATEK. The agreement introduces …
TMK and the National Petroleum Company of Congo Sign a Memorandum of Understanding
TMK and the National Petroleum Company of Congo (Société Nationale des Pétroles du Congo, SNPC) signed a Memorandum of Understanding today. TMK CEO Alexander Shiryaev and Director General of the SNPC Maixent Raoul Ominga exchanged the signed documents in the presence of Russian President Vladimir Putin and Congolese President Denis …
TMK Announces 1Q 2019 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 three months ended March 31, 2019. 1Q 2019 Highlights Financial – 1Q Revenue generally flat quarter-on-quarter and year-on-year at $1,257m – 1Q Adjusted EBITDA …
TMK Announces 1Q 2019 Operational Results
The following contains forward-looking statements concerning future events. These forward-looking statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties. 1Q 2019 shipments data is preliminary and may be adjusted. TMK, one of the world’s leading producers of tubular products for the oil …
TMK to Sell Ipsco Tubulars Inc.
PAO TMK announces that it has signed the Stock Purchase Agreement with Tenaris, a manufacturer of seamless and welded pipe, for the sale of 100% of the shares of IPSCO Tubulars Inc. for an aggregate, cash free, debt-free price of US$ 1,209 million, which includes $270 million of working capital. The completion of the …
TMK Reports Results of First Year into New Strategy at Capital Markets Day
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, hosted Capital Markets Day in Moscow today. The event was attended by Alexander Shiryaev (Chief Executive Officer), Vladimir Shmatovich (Vice President for Strategy and Business Development), Sergey Alekseev (Marketing Director), Adrian Popescu (Head of …
TMK Announces FY 2018 and 4Q 2018 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, 2018. FY 2018 and 4Q 2018 Highlights Financial – FY Revenue up 16% y-o-y at $5,099m, 4Q Revenue up …
TMK Announces FY 2018 Operational Results
The following contains forward-looking statements concerning future events. These forward-looking statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties. 4Q 2018 shipments data is preliminary and may be adjusted. TMK, one of the world’s leading producers of tubular products for the oil …
TMK: Announces 3Q and 9M 2018 IFRS Results
PAO TMK (“TMK” or “the Group”), 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 third quarter of 2018 and nine months ended September 30, 2018. 3Q and 9M 2018 Highlights Financial § 3Q …