Russian oil giant and Petrofac signed a strategic partnership through Gazprom’s INTI - Russian Institute Oil/Gas Technology Initiatives
St.Petersburg, October 8 - Neftegaz.RU.
Under a 5-year Memorandum of Cooperation, signed by Vitaly Markelov
, Gazprom´s Member of the Board of Gazprom, and Petrofac Group CEO Sami Iskander.
The parties will collaborate to drive industry standardisation and sustainable development, as Russia’s energy sector seeks to encourage industry participation by international companies in its drive to expand at home and abroad.
will deploy their experts to the INTI standardization committees to engage in the development and approval of industry standards, which will make it possible to expedite the recognition by international licensors of conformity assessments performed by the Institute.
The mission of the INTI is to develop in Russia a world-class unified standardization system for the oil and gas industry.
The Institute brings together experts from Russian and foreign oil & gas and petrochemical companies, international licensors, EPC
contractors, equipment manufacturers, design institutes, and construction companies.
Sami Iskander said:
- Delivering locally to global standards is key to Petrofac’s strategy and unlocks in-country value for all stakeholders, wherever we operate
Russia is a hugely exciting growth market that’s aligned to our core capabilities
We are proud to leverage our expertise in procurement and local operations to develop, champion, and support Russian engineering capacity, contractors, technologies and tools in support of the industry’s future development
Russia comprises a large market opportunity for Petrofac.
Petrofac has been in the country since 1993, with offices in Moscow and Sakhalin Island, where the company
have been present since 2006 through its Sakhalin Technical Training Centre, which has trained 23,000+ delegates in the last 5 years.