LUKOIL Monday, April 27, 2020
LUKOIL has signed a trilateral memorandum with Sulzer Ltd. and Kogalym Oilfield Equipment Service LLC (KNPO), which involves establishing a service company to maintain, repair and upgrade LUKOIL's rotating equipment including compressors, pumps, etc. in the West Siberian region.
The memorandum envisages the localization of spare parts production for energy-efficient pumping equipment in Kogalym. The parties agreed on a preliminary road map for the period up to 2022 and started preparing the main agreement.
KNPO has been engaged in maintaining, repairing, and producing oilfield equipment in the West Siberian region for 30 years.
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LUKOIL started test production at three oil fields of the Komandirshorskaya Group - Komandirshorskoye, North Komandirshorskoye and West Komandirshorskoye - in the Nenets Autonomous District. The initial recoverable reserves of the three fields are estimated at 11 million tons.
LUKOIL was announced winner of the ComNews 2019 award for Best oil and gas IT project for its integrated production modelling, adopted for commercial operation at the company's West Siberian assets.
LUKOIL has tested upgraded well completion assemblies for multi-stage hydrofracturing at Yugra fields.
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OAO Lukoil published this content on 27 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2020 12:12:07 UTC
