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LUKOIL, Sulzer to launch a service company

LUKOIL has signed a trilateral memorandum with Sulzer Ltd. and Kogalym Oilfield Equipment Service (KNPO), which involves establishing a service company to maintain, repair and upgrade LUKOIL’s rotating equipment including compressors, pumps, etc. in the West Siberian region.

The memorandum envisages the localization of spare parts production for energy-efficient pumping equipment in Kogalym. The parties agreed on a preliminary road map for the period up to 2022 and started preparing the main agreement.

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