OCTG Heat Treatment, Threading, Coupling and Premium Connection Sectors:



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l An investment feasibility study into how best you can position your company strategically along the OCTG value chain l Detailed global database of existing and up-coming companies involved in OCTG production, threading, heat-treatment and coupling activities l The market and price outlook for value-added finishing across a range of OCTG industrystandard and premium threading and heat treatment markets out to 2022 OCTG Heat Treatment, Threading, Coupling and Premium Connection Sectors: A Strategic Market Outlook to 2022 New& Exclusive for 2016

OCTG Heat Treatment, Threading, Coupling and Premium Connection Sectors: A Strategic Market Outlook to 2022 Can the global OCTG markets absorb any further threading and heat treatment capacity, and if so where? Has there been any significant build-up in independent threading and heat-treatment capacities since 2012? What are the common strategies for pipe producers regarding heat treatment and threading and finishing operations in other regional markets? Building stand-alone threading/heat treatment facilities in new regional markets in order to increase presence with local content Licencing other seamless pipe mills to use connections in their regional market where the licensing mill does not compete NEW for 2016 first time review of the conductor casing market This comprehensive study published by Metal Bulletin Research examines the strategic growth opportunities for the OCTG industry and details current and future prospects for downstream investments out to 2022. 2015 and early 2016 have proved to be the most tumultuous period for the OCTG markets since MBR has been tracking these markets. Demand plummeted rapidly in leading markets like North America as oil prices collapsed from well over $100/barrel to $30/barrel in early 2016. Nonetheless, other OCTG markets in the world such as the Middle East and Russia are seeing much greater stability. How do you best position yourself to benefit from the industry when the upturn comes? The result of these rapid changes to the OCTG industry mean that, more than ever, strategy directors, marketing executives and investors need expert guidance in the outlook for the OCTG industry and the downstream finishing area of threading and heat-treatment to shape your strategy for progressing in these markets in the next five to ten years. To this end, we invite you to acquire this innovative study from Metal Bulletin Research. Building on our successful first report in 2012, we examine how the OCTG Heat Treatment, Threading, Coupling and Premium Connection sectors have progressed in recent years and how we see these sectors developing. This remains the only study that provides independent by-county, by-company and regional analysis of OCTG market trends in such granular detail for the heat treatment, threading and coupling markets. This independent study: l Answers how OCTG producers can tackle the key issues of positioning their company strategically along the value chain and geographically l Details available threading capacity by country and new downstream production capacities being built by major country and company l Discusses premium connections trends by region and individual markets including proportion of connections in use and forecasts

MBR is an indispensable resource for our company s intelligence gathering activities around regional OCTG markets. Its in-depth coverage on market forces impacting supply and demand helps us grasp the rationale behind the numbers and equips our category management teams with valuable and actionable insights. Anastacio Baleva, Conocophilips The study will provide historic/current and forecast pricing information on OCTG pipe in major global markets. It will also provide analysis on threading and heat treatment costs and examine the outlook and price trends for value-added finishing across a range of industry-standard and premium threading and heat treatment markets. This study helps by providing the following: l Detailed database offering by-country and by-company OCTG production, threading, heat-treatment and coupling capacities split by: a. type (seamless/welded) b. dimensions, c. number of lines, d. capacity utilisation rates, e. 2015 output by type split by API/Premium l Detailed profiles of tubular mills and independent workshops by-country including details of expansion plans geared to threading, heat-treatment and coupling facilities l MBR has grouped global threading operations in the following way for this study: a. Threading facilities owned by leading international pipe producers (e.g. Tenaris, Vallourec, TMK etc.) which are either integrated into a pipe mill itself or are stand-alone heat treatment/threading facilities located in locations away from actual pipe mills b. Large independent threading facilities that are not under direct ownership of a pipe mill e.g. Hunting, Soconord STS etc. c. Machine shop these are threading facilities that tend to be smaller in size and are licenced to repair premium threads for major pipe mills and/or undertake threading of green pipes but focusing only on small tonnages of output By-company profiles included in the study: l TMK l US Steel l Vallourec l Tenaris l Hunan Valin l Pangang Chengdu l Northwest Pipe l Boomerang l TPS Technitube Röhrenwerke (Germany) l Voestalpine Tubulars l Abzar Barghi l JFE l Baosteel l Serco (France) l MEOS Workshop Services l Hunting l EVRAZ l Lakeside Steel Welded Tube of Canada (WTC) l Jesco l OMS Oilfield Service l Middle East Tubular Services Ltd l Tianjin Pipe Co l ArcelorMittal l Interpipe l Many others included

CIS Threading Capacity, kt OCTG API vs Premium connection share by regions worldwide (%) Total threading capacity Premium threading capacity Premium API 3000 100 90 2500 80 2000 70 60 1500 50 40 1000 30 500 20 10 0 Russia Ukraine Kazakhstan Azerbaijan Georgia 0 A B C D E F G H Source: MBR A Strategic Outlook for the OCTG Heat Treatment, Threading, Coupling and Premium Connection Sectors out to 2020 comprehensive coverage of market developments, pricing and forecasts helps us understand and anticipate market dynamics. Jay Choi, Daewoo International (America) Corporation An essential global source of market data and in-depth analysis for the tube and pipe industry. Sergey L. Aleshchenko, ChelPipe Source: MBR

The latest MBR Tube and Pipe reports provide us with unique, quality and detailed information regarding the global OCTG market. I would highly recommend these reports! Dmitry Svezhenets, TMK Example of key companies analysed from the South American region 1 Tenaris Siderca 2 Tenaris Siat 3 Appolo Tubulars 4 Tenaris Confab 5 Tenaris Tubos Del Caribe 6 TAVSA 7 Vallourec & Mannesmann do Brasil 8 Vallourec & Sumitomo Tubos do Brasil Ltda 9 Vallourec & Mannesmann Oil & Gas DO Brasil 10 Martin Ricardo Breerton 11 Torneria El Condor 12 Moto mecanica Argentina SA 13 FARSUR Servicios Petroleros 14 B&S Oil Tools 15 Drill-Quip Do Brasil 16 Lupatech Equipamentos e Seriços para Petróleo Ltda 17 Weatherford Colombia BVI 18 Sewrtecpet S.A. 19 IAL Engineering Services Ltd 20 Gulf Engineering Services 21 Baker Hughes 22 Grant Prideco / Tube Alloy Corp. 23 Vivolco 24 Metal Mecanica LES C.A 25 PWR Mission Ind Mec S.A 26 Tecnioriente 18 5 20 22 6 19 21 24 23 17 26 11 10 13 16 1 2 12 7 8 4 3 14 15 16 9 25 Key features of this service include: l Latest long-term and independent projections for OCTG production, threading, coupling and heat treatment markets and prices by major region; l Long-term outlook offers the ability to strategically position your company and make informed business investment decisions; l Complete marketing directory of key global companies for you to potentially do future business with; l Extensive update and analysis of all new global heat treatment and threading facilities since 2012 l For the first time, a review of the global conductor casing connector manufactures and capabilities l Tap into MBR s proven track record in global tube and pipe market research; l 30 minute Q&A session with the author of the study: Purchase this study and you will receive a complimentary 30 minute telephone meeting with the author of this study at a suitable time and date for both parties. This Q&A session will present you with a unique opportunity to hold an informative discussion on any aspects raised in this study.

Table of contents Introduction to the report: Overview of threaded OCTG connections: main connection types and applications Understanding of OCTG grades and heat treatment Understanding of OCTG industry structure: tire 1, 2 and 3 producers Overview of the OCTG market Cost and Prices Future demand and supply 1: North America 1.1 OCTG industry structure 1.2 al oil & gas industry and demand overview 1.3 Threading capacity and grades capabilities 1.3.1 Integrated threading capacities and their grade capabilities (heat treatment) 1.3.2 Independent threading capacities 1.3.3 Machine shops 1.4 Threading and grades market structure and outlook 1.5 Capacity development outlook 2: South America 2.1 OCTG industry structure 2.2 al oil & gas industry and demand overview 2.3 Threading capacity and grades capabilities 2.3.1 Integrated threading capacities and their grade capabilities (heat treatment) 2.3.2 Independent threading capacities 2.3.3 Machine shops 2.4 Threading and grades market structure and outlook 2.5 Capacity development outlook 3: Europe 3.1 OCTG industry structure 3.2 al oil & gas industry and demand overview 3.3 Threading capacity and grades capabilities 3.3.1 Integrated threading capacities and their grade capabilities 3.3.2 Independent threading capacities 3.3.3 Machine shops 3.4 Threading and grades market structure and outlook 3.5 Capacity development outlook 4: CIS 4.1 OCTG industry structure 4.2 al oil & gas industry and demand overview 4.3 Threading capacity and grades capabilities 4.3.1 Integrated threading capacities and their grade capabilities 4.3.2 Independent threading capacities 4.3.3 Machine shops 4.4 Threading and grades market structure and outlook 4.5 Capacity development outlook 6: Africa 6.1 OCTG industry structure 6.2 al oil & gas industry and demand overview 6.3 Threading capacity and grades capabilities 6.3.1 Integrated threading capacities and their grade capabilities 6.3.2 Independent threading capacities 6.3.3 Machine shops 6.4 Threading and grades market structure and outlook 6.5 Capacity development outlook 7: China 7.1 OCTG industry structure 7.2 al oil & gas industry and demand overview 7.3 Threading capacity and grades capabilities 7.3.1 Integrated threading capacities and their grade capabilities 7.3.2 Independent threading capacities 7.3.3 Machine shops 7.4 Threading and grades market structure and outlook 7.5 Capacity development outlook 8: Other Asia 8.1 OCTG industry structure 8.2 al oil & gas industry and demand overview 8.3 Threading capacity and grades capabilities 8.3.1 Profiles of integrated threading capacities and their grade capabilities 8.3.2 Profiles of independent threading capacities 8.3.3 Machine shops 8.4 Threading and grades market structure and outlook 8.5 Capacity development outlook 9: Conductor casing market (check vs Chelpipe project structure) 9.1 Conductor casing definition and application 9.2 Conductor casing global analysis split by region 9.3 Overview of leading conductor casing manufactures and their presence in each regional market 9.4 Overview of leading regional market analysis and their dynamics 9.5 Outlook for market 9.6 Major manufacturer profiles to include: vetcogray, Dril-Quip, Frank s International, Oil States, OMK Oilfield Services, Tenaris Hydril, NOV 10: Pricing and costs 10.1 Basic threading and heat treatment costs 10.2 al price analysis and price outlook 5: Middle East 5.1 OCTG industry structure 5.2 al oil & gas industry and demand overview 5.3 Threading capacity and grades capabilities 5.3.1 Integrated threading capacities and their grade capabilities 5.3.2 Independent threading capacities 5.3.3 Machine shops 5.4 Threading and grades market structure and outlook 5.5 Capacity development outlook

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