Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that its Omani plant TMK Gulf International Pipe Industry (TMK GIPI) recently received an order for 18,400 mt of OCTG (threaded and coupled casing pipes) from Petroleum Development Oman (PDO). These high-strength casing pipes are used in well operations for oil development and drilling projects by PDO.
Petroleum Development Oman (PDO) is the foremost exploration and production company in the Sultanate. It accounts for more than 70 percent of the country's crude oil production and nearly all of its natural gas supply. The company is owned by the government of Oman (with a 60 percent interest), Royal Dutch Shell (34 percent), Total (four percent) and Partex (two percent).