Stroytransgaz – Best Russian ЕРС/ЕРСМ Company in Oil and Gas Sector
Monday, March 24, 2008
Stroytransgaz received a national award in engineering and project management, one of the ЕРСМ Awards 2007, as the best Russian ЕРС/ЕРСМ company in the oil and gas sector.
After tallying results from the past year, Stroytransgaz was nominated for awards in two other categories: the best Russian EPC/EPCM company in the foreign market and grand prize as EPC/EPCM company of the year.
Award ceremonies took place on March 21, 2008, in Moscow and were part of a conference titled Managing Investment Projects: Decisions for Customers and ЕРС/ЕРСМ Companies. The company Sistemi Upravleniya, an authority in management of investment programs and projects and design engineer for comprehensive IT solutions for investors, customers and ЕРС/ЕРСM contractors, organized the ceremony.
ЕРСМ Awards 2007 winners were selected by a council of expert – 15 representatives from leading oil, metallurgy, and energy company-customers – and via Internet voting.
Other companies receiving awards included Technopromexport, Russkaya Inzhiniringovaya Kompaniya (UC RUSAL), Atomstroyexport, Intertechelectro-New Generation, OGK-4, and Mosengergo.
The term ЕРС/ЕРСМ derives from the English words engineering, procurement, construction, and management. It signifies a comprehensive approach to realizing large projects, such as construction of objects for the oil and gas industry, mining and extraction, power stations, and other industrial projects. The contractor – commonly called an ЕРС/ЕРСМ contractor – conducts the project as a turnkey operation: beginning with project engineering, purchasing and delivering the materials and equipment required for the project, completing construction work, and finishing with entry of the object into exploitation with guaranteed servicing.