Russia Oil Gas Magazine

TMK Announces Key Appointments in the Company Following the Acquisition of ChTPZ

Pipe Metallurgical Company (TMK) announced the appointment of a number of key executives following the acquisition of an 86.54% stake in PJSC ChTPZ. General Director of TMK Igor Korytko became the General Director of PJSC Chelyabinsk Pipe-Rolling Plant (ChTPZ) and JSC Pervouralsk Novotrubny Plant (PNTZ). Boris Kovalenkov, who previously held the …

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Russia Oil Gas Magazine

TMK Will Take Part in the GOSZAKAZ Exhibition

Pipe Metallurgical Company (TMK) will present high-tech pipe solutions at the 16th All-Russian Forum and Exhibition GOSZAKAZ. The TMK stand will display samples of TMK UP premium threaded pipe connections designed for hydrocarbon production in difficult operating conditions. Visitors to the exhibition will also be able to familiarize themselves with …

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Eurasia Journal News

Gazprom and TMK Discussed Cooperation Between the Companies After the Merger of TMK and ChTPZ

A working meeting between Alexey Miller , Chairman of the Gazprom Management Committee and Dmitry Pumpyansky, Chairman of the Board of Directors of Pipe Metallurgical Company (TMK), took place in St. Petersburg today  .  During the meeting, Dmitry Pumpyansky told Alexey Miller about the results of the transaction for TMK’s acquisition of a number of …

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Russia Oil Gas Magazine

TMK: Announces the Completion of the Transaction for the Acquisition of 86.54% of Shares in PJSC “ChTPZ” from the Controlling Shareholder Andrey Komarov

The perimeter of the transaction included production and sales and service assets, scrap procurement and processing, as well as other assets related to the activities of the pipeline division of PJSC ChTPZ. The Rimera Group’s oilfield services division was not included in the deal. TMK expects to obtain significant synergies, …

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Russia Oil Gas Magazine

TMK-Kaztrubprom Won the Competition for Social Responsibility of Business in Kazakhstan

A subsidiary of the Pipe Metallurgical Company (TMK) in Kazakhstan, TMK-Kaztrubprom, became a laureate of the Paryz competition for social responsibility of business in the nomination “The best enterprise in the field of labor protection”. The diploma was presented at a meeting of the city trilateral commission on social partnership …

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Russia Oil Gas Magazine

TMK: Signs Acquisition Deal with PJSC ‘ChelPipe’ Controlling Shareholder Andrey Komarov

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 …

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Russia Oil Gas Magazine

TMK Starts Shipping Pipes for Uzbekneftegaz Under an Annual Contract

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 …

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Russia Oil Gas Magazine

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 …

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Russia Oil Gas Magazine

TMK Supplies Pipes to Transport Gas from the UAE’s New Field

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 …

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Russia Oil Gas Magazine

TMK Signs Long-Term Agreement to Buy Pipe Billets from EVRAZ

TMK has agreed to buy billets for seamless pipes from EVRAZ in 2021–2022. Over these two years, TMK will purchase over 160 thousand tonnes of rolled pipe billets using formula pricing. The billets will mainly be supplied to TMK’s Sinarsky Pipe Plant. “The new two-year agreement further contributes to the strong …

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