USD 64.3455

+0.09

EUR 71.0503

+0.2

BRENT 58.92

+58.92

AI-92 42.27

+0.11

AI-95 46.03

+0.1

AI-98 51.83

+0.01

Diesel 46.13

-0.02

236

UK-based STATS Group signed a MoU with Russian Sakhalin Energy and INTRA Services

UK-based STATS Group signed a MoU with Russian Sakhalin Energy and INTRA Services UK-based STATS Group signed a MoU with Russian Sakhalin Energy and INTRA Services


Moscow, September 13 - Neftegaz.RU. STATS inked the deal with Sakhalin Energy Investment company and Russian firm Intra Services. Sakhalin Energy is owed by Gazprom, Shell, Mitsui and Mitsubishi.

Under the MoU, STATS personnel would work jointly with Russian partners to implement projects for wrapping, maintenance, hydraulic testing, tie-in, isolations and shut-off of the pipelines.

One of the world’s largest integrated oil and gas projects, Sakhalin-2 includes 3 offshore platforms, an onshore processing facility, 300 km of offshore pipelines and 1600 km of onshore pipelines, an oil export terminal and a LNG plant.

STATS CEO Leigh Howarth said: “In recent years we have developed a mutually beneficial relationship with Sakhalin Energy and I am delighted this MoU formalises our partnership and lays the foundations for working more closely with Sakhalin Energy and Intra Services on key pipeline projects."

Sakhalin Energy CEO Roman Dashkov said: “Adoption of cutting-edge technologies that can guarantee safe and efficient operation of our production facilities is an important component of the comprehensive execution of the Sakhalin-2 project, which is unparalleled in its technical complexity among global oil and gas projects.”