OREANDA-NEWS. April 06, 2012. Hydromashservice, a subsidiary of HMS Group, won a tender and signed a contract with Lukoil purchasing subsidiary for the delivery of multiphase pumping station (MPS).

The MPS will be equipped with two electric driven multiphase pump units (HMS Pumps, Livny) and will be delivered to the Kovalev oil field (Chernushin group of fields, Samara region). The station is designed to transfer gas liquid from wells without preliminary gas separation and includes operations room in the heat-insulated block-box providing control over pump operation mode and safety.

LUKOIL is one of the key end users of the equipment produced by the HMS Group. During last year and the first quarter of 2012 the Group has delivered to Lukoil subsidiaries a multiphase station for Menzilin oilfield, several preliminary gas processing stations as well as number of pumping units for the water injection systems.

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. The Group reported revenues of RUB 20 billion, adjusted EBITDA of RUB 4.4 billion and profit for the period of RUB 3 billion for the nine months ended September 30, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.