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HMS Group to Provide Delivery of Compressor Packages

30.05.2012

HMS Group announced that it has concluded the agreement for delivery and installation of a large set of compressor packages, totalled Rub 660 mn (USD 18.9 mn) after winning a competitive tender process.

According to the contract, the Group will deliver a number of different modular compressor packages for processing of associated gas and provide commissioning on the customer’s sites. The compressor packages will be installed at the several oilfields, such as Malobalykskoye, Kinyaminskoye, Prirazlomnoye and Ombinskoye (Western Siberia).

Artem Molchanov, Managing Director (CEO) of HMS Group, commented:

“We put a full-scale tapping into the compressor market as one of our strategy priorities, seeking both organic and inorganic growth opportunities. Under this contract we will deliver an integrated compressor-based solution to our customer, leveraging our competence and expertise in the flow-control modular systems. I believe this contract is a forerunner of the Group development in the adjacent compressor market with visible synergies and good growth prospects“.

Source: HMS Group

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