TMK and NOVATEK signed a Strategic Partnership and Cooperation Agreement

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 formula-based pricing to promote efficient production and ensure ...
21 June 2019., 14:38   comment

TMK Announces FY 2018 Operational Results

FY 2018 Highlights Total pipe shipments grew 6% year-on-year, to 4,010 thousand tonnes, mainly driven by higher seamless OCTG shipments at the Russian division and increased shipments of both seamless and welded OCTG pipe at the American division, due to stronger drilling activity in North America. Seamless pipe shipments were up 3% year-on-year, to 2,767 thousand tonnes, mainly reflecting increased shipments of OCTG pipe at the Russian division. Welded pipe shipments were up 11% year-on-year, ...
25 January 2019., 14:52   comment