TMK Announces 4Q 2015 and FY 2015 Operational Results
In 2015, TMK shipped a total of 3,873 thousand tonnes of steel pipe, down 11.5% y-o-y. The decline was due to a significant drop in shipments in the American division, driven by a slowdown in drilling across the United States. In 4Q 2015, shipments were down 4.0% q-o-q to 938 thousand tonnes. In 2015, seamless pipe shipments fell by …
TMK GIPI: Wins the Prestigious Muscat Sohar Pipeline Project Contract
In what can be described as another feather in their cap, Omani based TMK GIPI has been awarded for the supply of steel pipes with three layer polyethylene external and liquid epoxy internal coating for Muscat Sohar Pipeline Project (MSPP). A first-of-its-kind in the Sultanate in partnership with Orpic, the …
TMK Corporate Website Recognized as Steel Industry Website of the Year
TMK’s corporate website (www.tmk-group.com) was honored with the “Steel Industry Website of the Year” award, having become the winner of the Steelie Awards held by the World Steel Association (Worldsteel) in this category. The results were announced at the 49th Worldsteel conference in Chicago (USA). At the Awards ceremony on …
TMK: Holds Extraordinary General Meeting of Shareholders
TMK announces that its shareholders duly approved the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on October 12, 2015, in the form of an absentee voting. Shareholders voted to approve interim dividends for the first six months of 2015 of RUR 2.42 per share …
TMK and Gazprom Sign Long-Term Agreement to Supply Premium Products
At the Sochi-2015 International Investment Forum, TMK, one of the world’s leading producers of tubular products for the oil and gas industry, and Gazprom, in the presence of Russian Prime Minister Dmitry Medvedev, have signed a long-term agreement to supply a complete set of premium tubular products. The agreement signed …
TMK and Sakhalin Energy Sign Memorandum of Cooperation for Sakhalin-2
Sakhalin Energy and TMK, one of the world’s leading producers of tubular products for the oil and gas industry, have signed a memorandum of partnership for TMK premium threaded connection pipes to be used by Sakhalin Energy. The memorandum provides for partnership and efficient collaboration as required for these products …
TMK: Wins 1.5bn Rub Contracts From Gazprom
TMK, one of the world’s leading producers of pipes for the oil and gas industry, took part in Gazprom tenders for premium tubular products. Following two public requests for proposals, TMK was announced the winning bidder in 8 out of 13 lots. In 3Q and 4Q 2015 TMK will supply …
TMK announces 2Q 2015 and 1H 2015 IFRS results
PAO TMK (“TMK” or “the Company”), one of the world’s leading producers of tubular products for the oil and gas industry, announces today its interim consolidated IFRS financial results for the six months ending June 30, 2015. Summary 2Q and 1H 2015 Results (In millions of U.S.$, unless stated otherwise) …
TMK Announces 1H 2015 Operational Results
2Q 2015 and 1H 2015 Highlights – In 1H 2015, TMK shipped a total of 1,957 thousand tonnes of steel pipe, down 4.8% year-on-year. In 2Q 2015, shipments decreased by 3.3% quarter-on-quarter to 962 thousand tonnes. The decline in shipments was due to lower shipments of the American Division in light of the unfavourable market situation. However, in …
TMK Announces Board of Directors Decisions
TMK’s Board of Directors at the meeting on June 23 made the following decisions: – Dmitry Pumpyanskiy is elected as the Chairman of the Board of Directors, – the Secretary of the Board of Directors is elected, – the Chairmen and the members of the Nomination and Remuneration Committee, Audit …