HMS to supply $47 mln worth of equipment to Transneft
MOSCOW. July 29 (Interfax) - HMS Hydraulic Machines & Systems Group has signed an agreement with Russian oil pipeline monopoly OJSC Transneft to produce and deliver eight trunk pipeline pump units for two pump stations on the Zapolyarye-Purpe pipeline worth 1.5 billion rubles, or about $47 million, HMS Group said in a press release.
HMS Group's press service told Interfax that the pumps will be manufactured by Nasosenergomash, which is based in Sumy, Ukraine.
"According to the contract the [HMS] 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," the press release said.
The Zapolyarye-Purpe pipeline is an integral part of the unified Zapolyarye-Purpe-Samotlor pipeline system. The project will make it possible to fold crude oil from major new fields in the Yamal-Nenets Autonomous District and the northern Krasnoyarsk territory into the system and later execute deliveries to Russian oil refineries as well as abroad, namely via the Eastern Siberia-Pacific Ocean (ESPO) system to the Asia Pacific region.
The 488-kilometer oil pipeline will have a 45-million-tonne capacity. Transneft is planning to wrap up the first stage of construction earlier than planned, at the end of this year. The entire project is slated for completion at the end of 2015.
After the design phase, the cost of the Zapolyarye-Purpe pipeline grew 70% to 199 billion rubles.
HMS Group operates through 18 subsidiaries and one affiliate located in Russia, Ukraine, Belarus and Germany.
The group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the Commonwealth of Independent States (CIS).
It has assets in the Vladimir and Oryol regions, Tomsk, Tyumen, the Khanty-Mansiisk Autonomous District, and Belarus and Ukraine. The company is controlled by its management.
Nasosenergomash was established in 1949 and produces network, feed, centrifugal transfer and vacuum pumps for facilities involved in heat and nuclear power production, oil production, oil and petroleum product transport, as well as mining, machine-building and chemicals. The company has a network of official representative offices in the CIS and the Baltics, Asia and Europe.
