The Ukrainian industrial company INTERPIPE continues to develop the supply of pipe products with premium connections. An important stage on this path is the creation of a network of foreign workshops capable of cutting and repairing threads on accessories and pipes in close proximity to the client. This is an important service for oil and gas companies, allowing them to save time and money.
Often the need for additional accessories arises right during the drilling of a well. Rig downtime hours are extremely expensive, so no one is ready to incur losses. Interpipe guarantees its customers the opportunity to repair threaded connections or manufacture additional accessories right on the spot. Therefore, quite often the presence of such a production facility nearby is a prerequisite for participating in a tender for the supply of OCTG pipes.
In just 2 years, INTERPIPE has concluded 14 licensing agreements with local workshops. They are located in all key export markets - the countries of the Middle East, North and South America, the CIS. And in June the first industrial batch of accessories with UPJ-M was cut by a licensee in the UAE (Abu Dhabi).
Prior to the conclusion of an agreement with the Emirati licensee, INTERPIPE specialists inspected equipment and tools in the workshop. They also attended the pilot threading. The complexity of our premium connections lies in the accuracy of their geometric parameters. It is not enough to simply hand over connection drawings and alignment templates to the licensee. One of the verification stages, which the Company conducts after collecting information about the equipment in the workshop, is the cutting of a specially developed test thread.
About the company:INTERPIPE is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company's products are supplied to more than 80 countries around the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe. In 2020, Interpipe sold 662 thousand tons of finished products, including 192 thousand tons of railway products. Railway products are sold under the KLW brand.
Interpipe employs 11 thousand people. In 2020, the Company transferred UAH 2.54 billion to the budgets of all levels.