Salym Petroleum Development N.B. (SPD) and OAO Stroytransgaz have signed an Addendum to the operating Contract for construction of in-field pipelines at the Salym group of oil fields.
Tuesday, November 22, 2005
Salym Petroleum Development N.B. (SPD) and OAO Stroytransgaz have signed an Addendum to the operating Contract for construction of in-field pipelines at the Salym group of oil fields.
Pursuant to this Addendum OAO Stroytransgaz undertakes during the winter season of 2005-2006 to construct a pipeline that will join together all three fields of the Salym group, namely Zapadno-Salymskoye, Vadelypskoye and Verkhne-Salymskoye, as well as in-field gathering lines and high pressure water pipelines with total length of 47 km.
OAO Stroytransgaz signed a contract with Salym Petroleum Development N.B. for construction of oil gathering system at the Zapadno-Salymskoye field in December last year.
During the signing of the Addendum it was pointed out that: “at present the key elements of production infrastructure are being put in operation at the field, i.e. in-field pipelines, oil treatment facilities, and an oil export pipeline. According to the Schedule these field facilities and constructed well clusters will enter the unified system and Zapadno-Salymskoye field, with the largest reserves in the Salym group, will be put into commercial operation, opening a way for speedy build-up of oil production”.
OAO Stroytransgaz considers participation in realization of SPD projects as one of the prospective directions of long-term mutually beneficial co-operation, demonstration of high quality standards of its engineering and construction services, and at the same time as a practical possibility to get acquainted with a valuable experience of high-class international management.
