The Sultanate’s leading pipe manufacturer, TMK Gulf International Pipe Industry (TMK GIPI) LLC, TMK’s Omani plant, was recently awarded a 18,400 tonnes of OCTG (threaded and coupled casing pipes) order from Petroleum Development Oman (PDO). These high strength casing pipes are used in well operations for oil development and drilling projects by PDO.
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.
TMK, one of the world’s leading manufacturers of pipe for the oil and gas industry, and LUKOIL signed an R&D cooperation programme for 2014-2016, providing for the launch of import-substituting and new types of high-performance tubular products that would meet the current needs of the oil and gas sector.