OREANDA-NEWS. October 17, 2014. Sakhalin Energy signed a contract with SMNM-VECO – an engineering and construction company for providing maintenance and modification services at onshore production assets under the Sakhalin-2 project.

SMNM-VECO was selected as a contractor based on the open tender results as it submitted an acceptable technical and the best commercial proposal.

The contracting relationship between SMNM -VECO and Sakhalin Energy started in 1999. The contract for maintenance and modification services at onshore assets is a new scope of work for SMNM-VECO. It is a next step in the long history of cooperation which has been lasting for 15 years already and which serves as an evidence of trust and partnership between the two companies.

Being involved in the Sakhalin-2 Project SMNM-VECO has gained a reputation of a reliable service provider at all the key offshore and onshore production assets of Sakhalin Energy from the moment of start-up of the first offshore oil and gas production platform –Molikpaq. Now there is another challenge to deliver - completion of maintenance and modification scope of services for the Prigorodnoye production complex.

SMNM-VECO demonstrates compliance with all the labour, industrial and environmental safety policies and procedures incorporated within Sakhalin Energy.

The new contract is valid till the end of October 2019 which means minimum five more years of cooperation to provide success and high performance as part of implementation of the Sakhalin-2 Project.