Wednesday, June 20, 2018

TMK signs cooperative agreement with Lukoil for scientific, technical programs

Representatives from Russian pipe manufacturer TMK met with a delegation from Lukoil on Tuesday to sign a cooperative agreement calling for the establishment of scientific and technical programs throughout 2014-2016.

The programs have been designed to ensure TMK's production of pipe products made in Russia in order to decrease Lukoil's dependance on imported pipes. Additionally, the Russian-produced pipes will meet Lukoil's technical needs and comply with the Russian' gas industry's standards for piping products, Ural Business Consulting reports.

Moreover, the agreement calls for Lukoil to remain an active partner during the development of TMK's pipes, allowing the two companies to coordinate research and development efforts.

Preliminary orders call for the construction of casing pipes as well as pumping and compression pipes. The pipe products must first undergo 18 sets of testing and research before production begins, according to Ural Business Consulting.

Once the pipes have been approved and are shipped from TMK's facilities, Lukoil will use the pipes in its domestic and offshore projects.