Ukrainian pipe group Interpipe plans to organize production of pipes with ultra premium thread connections meeting CAL IV standards for use in the most demanding oil and gas production projects.
Pipes will be delivered to Shell for use in its projects in Ukraine.
Interpipe said that during the discussion of specific measures pursuant to its memorandum of cooperation with Shell, it consented to Shell’s purchase of pipe with ultra premium thread connections meeting CAL IV standards from Japan’s Sumitomo, since Interpipe was not currently making that product.
However, under the terms of the memorandum, the need for the imports will disappear as soon as Interpipe starts up its own production.
Interpipe is currently developing its own CAL IV premium connections. In order to raise the efficiency of production of the premium connections, a project to create high-tech production of pipe with ultra premium connections based at Interpipe Niko Tube was drawn up. The project is included among measures in the state program for stepping up economic development in 2013-2014. (SteelGuru)
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