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Alcoa and RUSNANO to produce drill pipe for oil and gas market
Edited by : AL CIRCLE
2 min read
Alcoa and OJSC RUSNANO will produce technologically advanced oil and gas aluminum drill pipe finished with a life-extending antiwear coating under a Memorandum of Understanding (MoU) signed by the companies. With the help of the Alcoa Technical Center, the parties intend to pursue the potential application of a nanotechnology-based coating for the aluminum drill pipe to enhance its wear resistance in harsh corrosive drilling environments.
Alcoa Chairman and CEO Klaus Kleinfeld and OJSC RUSNANO Chief Executive Officer Anatoly Chubais signed the MOU at the St. Petersburg International Economic Forum.
“Complex oil and gas development projects require drilling equipment with enhanced capabilities,” Chubais said. “Aluminum drill pipe with antiwear nano-coating would enable directional and deep drilling in aggressive, corrosive environments. We expect our joint efforts with Alcoa will create a differentiated product for customers in the oil and gas industry.”
Under terms of the MoU, Alcoa will leverage its Samara facility to produce aluminum drill pipe with hot fit tool joints for the country’s oil and gas market. RUSNANO Capital, a subsidiary of OJSC RUSNANO, will contribute capital.
The antiwear nano-coating is expected to extend the life of the aluminum pipe by approximately 30% to 40% in aggressive and corrosive drilling environments compared to uncoated aluminum pipe.
Alcoa Chairman and CEO Klaus Kleinfeld and OJSC RUSNANO Chief Executive Officer Anatoly Chubais signed the MOU at the St. Petersburg International Economic Forum.
“Complex oil and gas development projects require drilling equipment with enhanced capabilities,” Chubais said. “Aluminum drill pipe with antiwear nano-coating would enable directional and deep drilling in aggressive, corrosive environments. We expect our joint efforts with Alcoa will create a differentiated product for customers in the oil and gas industry.”
Under terms of the MoU, Alcoa will leverage its Samara facility to produce aluminum drill pipe with hot fit tool joints for the country’s oil and gas market. RUSNANO Capital, a subsidiary of OJSC RUSNANO, will contribute capital.
The antiwear nano-coating is expected to extend the life of the aluminum pipe by approximately 30% to 40% in aggressive and corrosive drilling environments compared to uncoated aluminum pipe.
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