Russia deal

Pipe specialist STATS signs MoU for Putin’s offshore gas project

President of INTRA Services Alexander Shilov, Sakhalin Energy CEO Roman Dashkov, STATS Group Technical Adviser – Global BD Support, Dave Vernon

Pipeline technology firm, STATS Group has secured a deal on a major gas project which has the full support of Russia’s president Vladmir Putin.

The trilateral Memorandum of Understanding (MoU) will significantly increase the north east Scotland company’s presence on Sakhalin-2, Russia’s first offshore gas project.

The MoU between STATS, Sakhalin Energy and OOO INTRA Services Company was signed during the Eastern Economic Forum in Vladivostok, which was attended by Mr Putin.

One of the world’s largest integrated, export-oriented, oil and gas projects, Sakhalin-2 is operated by Sakhalin Energy Investment Company, which is owned by Gazprom, Shell, Mitsui and Mitsubishi.

The project infrastructure includes three offshore platforms, an onshore processing facility, 300 kilometres of offshore pipelines and 1,600 kilometres of onshore pipelines, an oil export terminal and a liquefied natural gas plant.

The agreement provides for STATS personnel to work jointly with Russian partners to implement projects for the wrapping, maintenance, hydraulic testing, tie-in, isolations and shut-off of Sakhalin Energy pipelines. The MoU also serves as a starting point for long-term cooperation with a gradual increase in the Russian content and local production of STATS-provided technology in Russia.

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