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Rosneft and Pietro Fiorentini expand industrial cooperation

 Rosneft and Pietro Fiorentini agreed to extend the existing agreement.

Rosneft and Pietro Fiorentini expand industrial cooperation


 

Moscow, October 26 - Neftegaz.RU. Rosneft and Pietro Fiorentini S.p.A in the framework of the visit of the Italian delegation to Russia agreed to extend the existing agreement on industrial cooperation until the end of 2019, and signed a new agreement.

 

The document was signed in the presence of the President of the Russia Vladimir Putin and the Italian President of the Council of Ministers Giuseppe Conte by Igor Sechin, CEOof Rosneft, and Paolo Nardi, Managing Director of Pietro Fiorentini.  

 

The new agreement is aimed at the development of technological cooperation between the companies, which began in May 2017. The document provides for additional pilot tests of equipment that measure the volume of hydrocarbons produced (multiphase flow meters of wet gas) and high integrity pressure protection systems against high pressure «HIPPS» produced by Pietro Fiorentini.

 

 If the pilot trials prove to be successful, the parties will consider the prospects for further cooperation in localizing the production of measurement equipment, as well as other products and services that may be of interest to Rosneft.    

 

 The 1st trials of the multiphase flow meter were carried out at one of the company's oil and gas fields in the winter of 2017-2018 and confirmed the performance of the equipment. Pietro Fiorentini is a world leader in high-tech equipment in the Italian industry, that develops, designs and manufactures products and plants for control, metering, and conditioning of natural oil and gas. 

 


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