One of the top manufacturers of tubular goods for the oil and gas sector is TMK. Pipe shipments from TMK were 3.83 million tonnes in 2019.
The company has manufacturing facilities in Kazakhstan, Romania, and Russia. TMK has the ability to produce steel pipes, with the majority of its sales going to products for the oil industry (OCTG).
With a 23% market share, including 63% of the market for seamless OCTG, the business dominates the national market in Russia. Approximately 78% of the company’s customers are in the worldwide oil and gas business, which is the emphasis of TMK.
Leading oil and gas firms including Shell, ENI, Total, ExxonMobil, Occidental Petroleum, ONGC, Saudi Aramco, Rosneft, Gazprom, Transneft, Lukoil, and other international oil and gas firms are some of TMK’s clients. The Company’s significant market presence is ensured by its broad sales network, which reaches almost all of the world’s key oil and gas producing areas, including the U.S., Canada, Latin America, Russia and the CIS, Europe, the Middle East, Africa, and South-East Asia. More than 80 nations across the world receive items from TMK. The Moscow Exchange is where the Company’s shares are traded.