OAO “TMK” (TMK) today announces that the installation of a new large-diameter longitudinal welded pipe mill is underway at its Volzhsky subsidiary.
OAO TMK (TMK) announced today it has sent its first shipment of casing with TMK premium connections to OAO NK Rosneft (Rosneft). These high-performance TMK tubular products will be used in Rosneft’s Vankorskoye oil and gas field.
TMK announces that a credit agreement was signed between Seversky Tube Works (STW) and the Société Générale Group. The credit agreement of EUR 88.7 million will partially finance STW’s acquisition of a Fine Quality Mill (FQM).
TMK announces that it began shipments of 1420 mm large-diameter electric welded pipes with 21.6 mm wall thickness for use in the Nord Stream onshore section and designed for high-pressure applications of up to 9.8 MPa (100ATM).
OAO TMK and its affiliates (“TMK”) today announced that they have entered into a definitive agreement with Evraz Group S.A. (“Evraz”), whereas TMK will acquire from Evraz the US companies and assets of IPSCO Tubular’s business (the “Business”) in conjunction with Evraz’s acquisition of the Business from SSAB.
OAO TMK (“TMK” or “the Company”), one of the world’s largest oil and gas pipe producers, and the market leader of the Russian pipe industry, today provides the following trading update in advance of the publication of its preliminary results for the year ended 31st December 2007, which will be announced in May 2008.
OAO TMK (TMK), one of the world’s top three oil and gas pipe producers, today announces the launch of TMK Oilfield Services. This new independently managed TMK division is comprised of OAO “Orsky Machine Building Plant”, the OOO “Truboplast” pipe coating company, ZAO “TMK Pipe Maintenance Department” and OOO “TMK Central Pipe Yard”.
OAO “TMK” (TMK) announces significant improvements in the financial and operating performance of its Romanian subsidiaries for the year 2007. TMK-Artrom revenues jumped 79% up to USD 214.3 million and EBITDA rose by 20% to reach USD 25.8 million compared to 2006 results. Revenues at TMK-Resita increased by 43% to reach USD 205.6 million and EBITDA grew to USD 21 million, a 79% jump on 2006 results.
OAO “TMK” (TMK) plans to double its production of premium threaded tubing, casing and drill pipes to 24,000 tonnes in 2008. TMK Premium Service, a division of OAO TMK, focuses on strengthening the Company’s position in both domestic and international markets in this high-tech segment. From 5,500 tonnes of premium connections in 2003, production grew to 12,000 tonnes in 2007 and current orders to TMK Premium Service are already exceeding 24,000 tonnes in 2008. TMK Premium Service won the tender covering deliveries of casing pipes to Rosneft and concluded a supply contract with Gazprom to provide the gas company with high performance pipes.
OAO TMK (TMK), one of the world’s largest oil and gas pipe producers, and the market leader of the Russian pipe industry, today announces its production results for 2007.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that its shareholders duly approved all the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on December 25th 2007, in the form of a postal vote.
TMK announces today that new LD smooth internal pipe coating equipment is undergoing testing at its Volzhsky Pipe Plant (VTZ) subsidiary.
ТNK-ВР and TMK today announced that they had signed a new agreement on global cooperation.
OAO “ТМК”, one of the world’s largest oil and gas pipe producers and the Russian pipe industry market leader announces the signing of a joint venture agreement between its Seversky Tube Works (STW) subsidiary and SMS Demag AG (part of the SMS Group), one of the largest manufacturers of steelmaking equipment in the world. The agreement establishing the “TMK-SMS Metallurgical Services” Joint Venture was signed by Konstantin Semerikov, TMK CEO, and Pino Tesè, SMS Demag AG Executive Vice-President.
TMK announces today that a new finishing line for casing pipes is being installed at its Volzhsky Pipe Plant subsidiary. This new equipment will be added to the No3 pipe rolling workshop (TPC-3) and will have 200,000 tonnes of annual finishing capacity.
OAO “TMK” announces the completion of the first stage of its three-year options programme (the Programme) Members of the Board of Directors, the Management Board and senior management were eligible to participate.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that new hot rolling and finishing equipment has been installed at its Volzhsky Pipe Plant subsidiary. The installation of this new equipment, in line with TMK’s Strategic Investment Programme, will increase output and quality as well as enhance the Company’s premium product range.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that construction of a new 600 thousand tonne Premium Quality Finishing (PQF) continuous pipe rolling mill is underway at its subsidiary TAGMET.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that the OAO “TMK” Board of Directors has decided to convene an Extraordinary General Meeting of Shareholders (EGM) in the form of an absentee ballot on December 25th 2007.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that it has signed an agreement for the supply of a Fine Quality Mill (FQM) from Danieli, a world leader in the design, manufacturing and installation of equipment for the steel industry, to be installed at its Seversky Tube Works (STW) subsidiary.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that it has started production of special corrosion-resistant seamless line pipes used for the transportation of gas extracted from wells operating in aggressive environments.
OAO “TMK” (TMK) is the first in Russia to begin production of premium seamless pipes for jackup rigs used by Gazprom in its arctic shelf development projects.
OAO “TMK” (TMK), one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces its production results for the nine month period ended 30th September 2007.
OAO “TMK” (TMK), one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that it will acquire service assets from Russian oil and gas giant TNK–ВР. This acquisition is part of TMK’s strategy to develop oil and gas services and provide customers with additional benefits. This deal should be completed before the end of 2007.
TMK 1H_2007 IFRS results.pdf (120.52 Kb)