OREANDA-NEWS. HMS Group (LSE: HMSG), the leading pump and compressor manufacturer and provider of flow control solutions and related services in Russia and the CIS, announces today that it has signed a contract for manufacturing and delivery of a compressor station worth Rub 1,254 mn (c. USD 40 mn).

In accordance with the contract, HMS Group will deliver the associated gas compressor station on a customer’s site. The station, based on three turbo compressors designed and manufactured by Kazancompressormash (KKM), to be installed at an oil and gas processing plant. Besides compressor units, the scope of supplied equipment includes a fuel gas conditioning package, separator facilities, heat ventilation and air conditioning systems, tanks and vessels, fire fighting skids and other equipment.

HMS Group is the leading pump & compressor 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. HMS’ products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. The Group reported revenues of Rub 23.6 billion, adjusted EBITDA of Rub 4.0 billion and profit for the period of Rub 1.5 billion for the 9 months ended September 30, 2012. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.