NOVATEK & Nuovo Pignone Sign a Strategic Cooperation Agreement

Source: www.gulfoilandgas.com 6/17/2016, Location: Asia

OAO NOVATEK (NOVATEK) and Nuovo Pignone entered into a Strategic Cooperation Agreement at the 20th Saint Petersburg International Economic Forum. The agreement covers the development of the Russian oil and gas industry including localizing state-of-the-art technological solutions in manufacturing and maintaining of energy equipment for NOVATEK’s LNG projects.

During the event, the companies also signed a 25-year Contractual Services Agreement for the Yamal LNG Plant. Nuovo Pignone will be ensuring safe operation of the equipment in harsh weather conditions of the North employing advanced engineering technologies and digital solutions for data monitoring and processing. In addition, the Agreement envisages training of Russian specialists to be involved in the equipment maintenance.

The agreements extend the track record of long-term partnership between the companies. In 2013, Nuovo Pignone concluded a contract to supply turbomachinery equipment produced and tested in Italy for the three trains of Yamal LNG project.

Chairman of the Management Board of NOVATEK, Leonid Mikhelson stated: “For the most efficient development of the huge resource potential of the Far North, it is critically important to work with world-class companies to bring the technologies and manufacturing of high-tech equipment localized in Russia. The partnership with Nuovo Pignone is a significant element in implementation of this strategy”.


Canada >>  8/10/2022 - FortisBC Holdings Inc. (“FortisBC”) and Musqueam Indian Band (“Musqueam”) are announcing the signing of an agreement, which will result in the parties...
Congo >>  8/5/2022 - Eni informs that it has acquired the company Export LNG Ltd, which owns the Tango FLNG floating liquefaction facility, from Exmar group. The facility ...

France >>  8/3/2022 - Alternative data specialist QuantCube Technology announced the availability of the QuantCube Liquefied Natural Gas (LNG) Commodity Trade Indicator. By...
Canada >>  7/29/2022 - Pacific Energy Corporation Limited (Pacific Energy) and Enbridge Inc. (Enbridge or the Company) announced an agreement to jointly invest in the constr...

Italy >>  7/25/2022 - - The aim is to leverage on infrastructure and know-how of both companies, thereby contributing to decarbonisation of transport and off-grid users
United States >>  7/23/2022 - ION Commodities, the global leader in Energy and Commodity management solutions, is delighted that Golden Pass LNG, owned by affiliates of QatarEnergy...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.