TPi November 2019

Business & market news

TMK and SNPC sign a memorandum of understanding

of opportunities to apply its advanced technological solutions toward the extraction and transportation of hydrocarbons, including overseas,” said Mr Shiryaev.

presence of Russian president Vladimir Putin and Congolese president Denis Sassou Nguesso.

TMK and the National Petroleum Company of Congo (Société Nationale des Pétroles du Congo – SNPC) have signed a memorandumof understanding that solidifies the parties’ intention to

“TMK is constantly taking advantage

jointly plan and develop an oil products pipeline on the territory of the Republic of the Congo with the support of both countries’ governments. TMK plans to use the latest available technologies and the highest quality materials, equipment and products on the project. Research institutes and construction companies will also take part in the project. Alexander Shiryaev (TMK’s CEO) and Maixent Raoul Ominga (director general of the SNPC) exchanged the signed documents in the

“This memorandum is the first step toward our participation in joint projects in the Republic of the Congo.” TMK manufactures and sup- plies steel pipes for the oil and gas industry, operating over 20 production sites in the USA, Russia, Canada, Romania and Kazakhstan. It also has two R&D centres, in Russia and the USA. TMK – Russia

tmk@tmk-group.com www.tmk-group.com

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November 2019 TUBE PRODUCTS INTERNATIONAL