The sheer size of the oil and gas industry is sometimes difficult to grasp. Total revenues globally exceed $2 trillion. Thirty billion barrels of oil are produced and distributed annually. Of the ten largest corporations in the world – ranked by revenues – three of them are oil and gas companies.
Not surprisingly, Inductotherm Group companies are heavily involved in the manufacture of thermal processing equipment and systems to support oil and gas operations around the world. One of our special capabilities involves OCTG—Oil Country Tubular Goods. Many Inductotherm Group companies around the world provide equipment for the manufacture of welded pipe and tubing. In an industry requiring superior quality welds to protect against leaks and environmental hazards across miles of underground pipes, Inductotherm Group has established an enviable reputation for its advanced technologies in OCTG welding operations.
