Severstal presents effective solutions at ADIPEC in Abu Dhabi

The Company is presenting innovative products and integrated supply solutions for customers engaged in the extraction, transportation, and processing of oil and gas

  
Severstal presents effective solutions at ADIPEC in Abu Dhabi

Dubai, United Arab Emirates – Severstal, one of the world’s leading steel and steel-related mining companies, is taking part for the second time in ADIPEC, the largest international exhibition for energy professionals, which is taking place from November 15 to 18, 2021 in Abu Dhabi, UAE. The Company is presenting innovative products and integrated supply solutions for customers engaged in the extraction, transportation, and processing of oil and gas.

Severstal is presenting large-diameter pipes (LSAW) for oil and gas pipelines, such as special-purpose products designed for operation in non-standard conditions. These include LSAW made of steel grades that extend the service life pipelines in acidic environments, as well as LSAW with high strain capacity used for gas transportation sections in seismically unstable regions.

Since 2018, Severstal has significantly increased its LSAW exports to the international market. In the last two years, clients have purchased pipes for projects in regions including Egypt, the USA, Bangladesh, Great Britain, Peru, Bulgaria, Brazil, and export volumes have more than tripled since 2019. Since 2018, the Company has passed 36 qualifications from leading market participants, including ADNOC, EGPC, Petrojet, and GASCO. Severstal is also developing relations with its Middle East partners with an intention to commence supplies to this region in the near future.

Severstal has a production capacity of about 600 thousand tonnes of LSAW per year for offshore and onshore oil and gas pipelines. The Company provides a full production cycle and is therefore able to adapt products to individual customer requests, as well as control the quality of products throughout the entire production chain.

Dmitry Goroshkov, Director, Sales and Business Development, Energy Sector, AO Severstal Management, said:

Projects in MENA countries tend to be highly specialized requiring the highest level of technology. Pipes must withstand a huge range of temperatures and have a particular margin of security. We have experience in implementing these kinds of projects. Severstal is constantly developing additional measures to protect our pipe products, and we have already achieved great things”.

Severstal has successfully completed a number of projects in Europe that required a custom-tailored approach (Turkstream and Polish Slovak Gas Interconnector). For Turkstream, the Company has supplied 260 thousand tonnes of LSAW for the offshore section. During the production of these pipes, the Company complied with the increased requirements for the geometry of pipes and implemented a solution to reduce project costs. More than 11,500 tonnes of 18 m LSAW have been supplied for Polish Slovak Gas Interconnector. The use of longer pipes made it possible to reduce the costs of the pipeline’s construction and improve its reliability and efficiency. To complete deliveries for this project, Severstal used a multimodal transport logistics scheme, which included transportation by road, sea, and rail.

By meeting unique requirements and offering cost-effective solutions, Severstal helps oil and gas companies implement challenging projects around the world.

For further information please contact:
Ronak Thakkar
Account Director, FleishmanHillard
ronak.thakkar@fleishman.com

Severstal

PАО Severstal is one of the world’s leading vertically integrated steel and steel related mining companies, with assets in Russia, Latvia and Poland. Severstal is listed on RTS and MICEX and the company’s GDRs are traded on the LSE. Severstal reported revenue of $6 870 million and EBITDA of $2 422 million in 2020. Severstal’s crude steel production in 2020 reached 11.3 million tonnes.

Severstal is looking for startups and innovative companies. You can get acquainted with the directions of interest and leave a request on the website innovations.severstal.com. 

www.severstal.com 

ADIPEC  

An international petroleum exhibition and the world’s most influential meeting place where oil, gas, and energy companies and professionals convene in-person each year to engage and discuss key trends in the evolving energy landscape and the main challenges faced by market participants. The exhibition provides opportunities for buyers and sellers to meet, learn, network, do business, and discover new products, solutions, and technologies from over 2,000 exhibiting companies from all over the world.

https://www.adipec.com/ 

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