Russian steel pipe producer TMK has announced that it has signed a memorandum of cooperation with Sakhalin Energy Investment Company Ltd (Sakhalin Energy), an operator at Sakhalin-II, one of the largest integrated oil and gas projects globally, for TMK premium threaded connection pipes to be used by Sakhalin Energy.
The memorandum provides for partnership and efficient collaboration as required for these products to be tested and certified for use in the Sakhalin-II project.
Sakhalin Energy stated that this cooperation is essential in the context of import substitution and will foster economic growth, ramp up supplies of competitive Russian products and promote the development of new technologies.