TMK, one of the world’s leading producers of steel pipes for the oil and gas sector, today announces that it licensed its TMK PF and TMK FMT premium connection technology to Wesco Abu Dhabi (Wesco), a subsidiary of the WEIR Group of Companies, Scotland.
The licensing agreement was established between Wesco and TMK-Premium Service, a TMK subsidiary specialised in the production and supply of premium connections to the oil and gas sector. Under this agreement, Wesco will thread and repair TMK PF and TMK FMT premium connections in the United Arab Emirates and the Middle-East.
Pipes with TMK PF and TMK FMT connections are produced at TMK’s Sinarsky, Tagmet and Kaztrubprom mills.
“Demand for TMK premium threaded products by the oil and gas industry is stronger than ever. TMK not only produces and sells premium connections but is also actively developing its network of licensed threading partners. This enables us to promote TMK products on the global markets while increasing operational efficiency, "said Mikhail Zykov, TMK Premium Service General Director.
TMK (LSE: TMKS) is one of the world’s top three producers of steel pipes for the oil and gas sector.
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