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STATS signs Russia’s Sakhalin-2 Project MoU

STATS Group has signed a Memorandum of Understanding (MoU) to work on Russia’s first offshore gas project.

Leigh Howarth.

The trilateral MoU between STATS, Sakhalin Energy and OOO INTRA Services Company will significantly increase STATS’ presence on Russia’s Sakhalin-2 project.

Sakhalin-2 is one of the world’s largest integrated, export-oriented oil and gas projects, which comprises three offshore platforms, an onshore processing facility, 300 km of offshore pipelines, 1,600 km of onshore pipelines, an oil export terminal and a LNG plant.

Under the MoU, STATS personnel, in collaboration with Russian partners, will undertake projects for the wrapping, maintenance, hydraulic testing, tie-in, isolations and shut-off of Sakhalin Energy pipelines, while also serving as a starting point for long-term cooperation and local production of STATS-provided technology in Russia.

“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 OOO Intra Services on key pipeline projects,” said STATS Group CEO Leigh Howarth.

“Sakhalin-2, as a large and technically challenging project, provides an excellent opportunity for assisting our partners in increasing Russian content.”

Sakhalin Energy CEO Roman Dashkov said using technologies that guarantee safe and efficient operation of its production facilities is a paramount component in the execution of the Sakhalin-2 project.

“Despite the current political and economic climate, we strive to ensure utmost reliability of our equipment and systems, as well as to promote an increase in the local content of services, including highly specialised ones, through expansion of cooperation with our key Russian and foreign partners,” said Mr Dashkov.

The MoU was signed during the Eastern Economic Forum in Vladivostok, which was attended by Russian Federation President, Vladimir Putin.

For more information visit the STATS website.

If you have news that you would like featured in Pipelines International contact Managing Editor Chloe Jenkins at cjenkins@gs-press.com.au

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