25 Jul 2012 14:40

HMS Group signs 1.6-bln contract for Dulisma oil treatment plant

MOSCOW. July 25 (Interfax) - HMS Group, a leading pump manufacturer and provider of flow control solutions and related services in Russia and the CIS, has signed a contract worth 1.578 billion rubles with CJSC Dulisma to install an oil treatment plant at the Dulisma field in the Irkutsk region, HMS said in a statement.

In accordance with the contract, HMS will provide a wide range of construction and engineering works including construction of the second stage of an oil treatment station, the second stage of an oil custody transfer point, a fuels-lubes storage, a fuel filling station and other infrastructure facilities on the Dulisma oil and gas condensate field, located in Irkutsk region of Russia. The Group's operating facilities will produce a significant share of the specialist equipment to be embedded under the project. HMS will provide commissioning by the end of 2013.

Previously, HMS participated in the first stage of the oilfield development project and constructed the first stage of a crude oil delivery and acceptance point.

Sberbank owns CJSC Dulisma, which built a 73-km link to the Eastern Siberia-Pacific Ocean (ESPO) pipeline in 2011.