Drill Pipe Market

TMK Group was established in 2001 with headquarters at Moscow, Russia. It has production sites in over 27 locations across three continents, and had 42,000 employees. It mainly operates in geographies such as Americas, Asia-Pacific, and Europe. The company operates in four broad business segments, namely products, solutions, sales & marketing and R&D. The segment products offer a broad array of operations such as oil country tubular goods (OCTG), line pipe, industrial pipe, welded large diameter pipe, premium connections, product catalogs, guidelines, quality, production processes and product order. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China) and NOV (U.S.A).

Tenaris S.A. was established in 2001 and headquartered at Luxembourg City, Luxembourg. It has operational presence over 25 locations across four continents, and had 19,070 employees globally till December 2016.. The company has one major business segment, Tubes. OCTG Sub segment under products & services offers operations such as Casing and Tubing, Steel Grades, Premium Connections, Dopeless technology, Drill Pipe, Coiled Tubing, Oil and Gas Tools and Accessories.. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China).

Oil Country Tubular Limited was established in 1985. At OCTL, the complete processing activity is concentrated in a single unique integrated Plant located at Narketpally, India. with corporate headquarters in Hyderabad, India. The facilities include Upsetting, Heat Treatment, Non-Destructive Testing, Metallurgical Laboratory, Gauging and Calibration Laboratory, Tool Joint and Coupling Threading, Casing and Tubing Threading, Friction Welding of Drill Pipe, Hydrostatic Testing, Collapse Pressure Testing and Internal Plastic Coating of Tubulars. The company operates in three broad business segments, namely, quality, products, and services. The products segment offers an array of products such as drill pipe, heavy weight drill pipe, drill collars, tubing, casing, high collapse casing, accessories and drill rods. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China), NOV (U.S.A).

National Oilwell Valco (NOV) was established in 1841 has headquarters in Houston, Texas, United States. A Delaware corporation incorporated in 1995, it has operational presence over 1200 locations across six continents, and had 64,000 employees globally until 2014. The company operates in four broad business segments, namely Rig Systems, Rig Aftermarket, Completion and Production Solutions, and Wellbore Technologies. The Wellbore Technologies offers operations such as Drilling Intervention, Dynamic Drilling Solutions, Grant Pridecotm, Integrated Approach, Intelliserv, Turoscopetm and Wellsite Services. This segment reported a revenue of USD 2.2 billion in the FY 2016, accounting for 30% of the company’s revenue. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China).

Drill Pipe International Llc was established in the year 1960 with its headquarters in Minneapolis, USA. The company is a manufacturer and supplier of drill pipes with supply to the global downhole industry. The company employs about 100 people and has two additional manufacturing facilities that manufacturer welding lines and tool joints at their facility at Baytown, Texas to meet the growing demand in the Downhole industry operations.. The company has operational presence in the North American region. In 2015, Drill pipe Inc., was acquired by Jindal Saw USA LLC., a subsidiary of the Jindal SAW group (India) to serve the oil and utility construction industries customers located throughout the world. They compete with other manufacturers such as Tenaris S.A, Vallourec S.A., Tejas Tubular Products Inc. and others. The company manufactures drill pipe, tool joint and pup joint and all their tubes are manufactured from green sources. Drill Pipe International Llc. pipe manufacturing capability ranges from 2 3/8" to 6 5/8" OD (Outer Diameter), with steel grades such as E, X, G, S in length Range 1, Range2, & Range 3. The products can be customized with special grade & length that are available on individual orders.

Hilong Group of Companies was established in the year 2002 with headquarters in Shanghai, China. Hilong Group has operational presence, majorly in China with established production bases in Tianjin, Shandong, Shanxi, Shaanxi, Northeast China, and Sichuan. In 2016, Hilong Group, a subsidiary of UMW Holdings (Malaysia), which also holds Arabian Drilling Services L.L.C., UMW Fabritech Sdn. Bhd. And Jiangsu Tube-Cote Shuguang Coating Co., Ltd. reported an annual revenue of USD 298.74 million. Though there was a global plummet in the oil prices in 2016, the oil field equipment and services segment successfully contributed USD 120.95 million for the company. Recently, the company has expanded its operational presence globally to regions such as North and South America, the Middle East, Russia, and Asia-Pacific with increased investment in petroleum and product manufacturing. The company has about 2,608 full-time employees. The company operates in business segments such as drilling tools, petroleum pipe coating, tube technology services along with oil and offshore engineering services. The company manufactures oil field equipment such as drill pipes, drill collars, mining drilling tool, and hard banding. The drilling products offered by the company cater to global specifications and steel grades of the API and conventional standards. Hilong Group competes with manufacturers such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), National Oilwell Varco. (USA) and RK Pipe LLC. (USA) and others.