HMS Hydraulic Machines & Systems Group PLC announces that it has concluded the agreement with Transneft for production and delivery of 8 trunk pipeline pump units for 2 pump stations of the Zapolarye ? Purpe Oil Pipeline totaled Rub 1.5 bn (USD 47 mln).
The 500 km pipeline located in Yamalo-Nenetsk region and has the projected capacity of 45 mln tonnes of oil per year.
According to the contract the Group will provide a wide scope of works and services including production, testing and delivery of trunk pipeline pump units, booster pumps units, delivery of spare parts, as well as assembling and commissioning on the customer?s sites. The project will be executed in harsh arctic environmental conditions, including permanent frost areas, which required a development of customized technological solutions in accordance with strict client?s requirements.
Previously, HMS Group participated in a number of projects in the oil transportation infrastructure development, including East Siberia ? Pacific Ocean pipeline, Purpe-Samotlor and Baltic Pipeline System.
Artem Molchanov, Managing Director (CEO) of HMS Group, commented: "I?m proud to say that we regularly prove our capability to successfully execute the most technologically demanding projects, which shape a future of the Russian oil industry and continue an effective cooperation with our key customer.
