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HMS Group delivers pumping equipment to Vankor oil and gas field 27.07.2011

HMS Group delivers pumping equipment to Vankor oil and gas field

HYDROMASHSERVICE, a subsidiary of HMS Group, has delivered pumping equipment for technology units installed on main transfer oil pumping station of Vankor oil and gas field (Rosneft).

Pumping systems of NZN-E type are produced by Nasosenergomash, a subsidiary of HMS Group, and will be used in pressure maintenance systems along with high-pressure water injection pumps of ZNS360-2000 type that has been installed on the field according to the same agreement.

HMS Group has developed about 20 different types of pumping systems to equip the main transfer pumping station. High technical level and quality of this new equipment are confirmed by bed tests carried out with the participation of the customer representatives.

Vankor oil and gas field is one of the largest fields in Russia – its reserves are estimated at 500 mln tones of oil. This field is going to be the main resource base for Eastern Siberia-Pacific ocean oil trunk pipeline (ESPO).

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. The Group reported revenues of RUB 7.1 billion, adjusted EBITDA of RUB 1.6 billion and profit for the period of RUB 1 billion for the three months ended March 31, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

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