OREANDA-NEWS. HMS Group (LSE: HMSG), the leading pump and compressor manufacturer as well as a 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, announces today that it has signed a contract for delivery and installation of a compressor unit worth Rub 943 million (c. USD 29 million).

In accordance with the contract, HMS Group will deliver the booster compressor station on a customer's site. The unit, based on a gas-turbine engine and manufactured by Kazankompressormash (KKM), will be installed at a petrochemical complex in the South of Russia, under the client's modernization program of existing production facilities in order to insure maximum processing of gases at the plant. The project is to be completed within 14 months.