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business & market news

12

Tube Products International July 2015

www.read-tpi.com

Fine Tubes gains approval as KNPC vendor

Fine Tubes, a manufacturer of precision

tubing for critical applications across

a range of global markets, has been

approved as a vendor by the Kuwait

National Petroleum Company (KNPC)

for the supply of ferrous and non-ferrous

tubing for its refineries.

The approval remains valid until March

2020.

Established in 1960, KNPC is the

national oil refining company of Kuwait

and became fully government-owned

in 1975.

As owner of the Mina Al-Ahmadi, Mina

Abdullah and Shuaiba refineries, KNPC

is responsible for oil refining, gas lique-

faction and the distribution of petroleum

products within the local market.

Kuwait, a member of OPEC, currently

pumps around three million barrels

per day (bpd), mainly from maturing

oilfields, but plans to invest billions

of dollars in exploration over the next

five years in order to increase its

output capacity to four million bpd by

2020.

The tubing applications that Fine Tubes

will be able to offer to KNPC and its

qualified suppliers include downhole,

hydraulic and chemical injection control

lines; control lines in subsea umbilicals;

flowline control line tubing for pipe-in-

pipe bundles; downhole gauge cables;

control and instrumentation tubing;

pressure housings; and hydraulic

tubing for control measuring devices

and pumps.

Nicholas Head, Fine Tubes business

development manager – oil and gas

and chemical process, commented,

“Securing this approval will not only

open up important new opportunities

with KNPC, it will also help to strengthen

our position across the Middle East

region, which is obviously a hugely

important market for our oil and gas

business.”

Fine Tubes Ltd

– UK

sales@finetubes.com www.finetubes.com

Tubular products for the Power of Siberia

TMK, a producer of tubular products

for the oil and gas industry, has started

large diameter pipe (LDP) supplies for

the Power of Siberia gas transmission

system by Gazprom.

Gazprom named TMK as one of the

tubular product suppliers for the

project following a tender held in

March, where the company won a

major lot to supply around 12.6bn

roubles worth of LDP in 2015-2016.

Shipments by Volzhsky Pipe Plant

include 1,420mm K60-grade steel

pipes with wall thickness of 21.7mm,

external anti-corrosion coating and

internal flow coating, operating at

over 9.8MPa. Throughout 2015 and in

January-February 2016, the company

plans to deliver 152kt of pipe. The

Power of Siberia is a key pipeline

transport project to deliver natural gas

from East Siberian Irkutsk and Yakutia

gas production centres to Russia’s Far

East and China.

The trunkline will be around 4,000km

long, with 38 bcm of gas annual

design throughput. Construction

started in September 2014, with the

first section over 2,200km long to

link the Chayandinskoye field with

Blagoveshchensk by late 2018. More

than 1.7MT of pipe will be required for

construction in 2014-2018.

“Being engaged in the Power of

Siberia project is a major opportunity

and a great responsibility for TMK,”

said TMK CEO Alexander Shiryaev.

“The new trunkline will be routed

in adverse climate and geological

conditions across highly seismic and

active fault zones, requiring reliable

and highly effective pipe solutions,

ready to be provided by our company.

“TMK intends to bid for other

contracts by Gazprom to supply pipe

for the trunk pipeline. We also plan to

supply a complete range of seamless

casing and tubing pipe for the

Chayandinskoye and Kovyktinskoye

fields, which are to feed gas to the

Power of Siberia.”

TMK

– Russia

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