Two products of KKM won the 100 best Products of Russia federal Competition and the republican Best Products and services of the Republic of Tatarstan Contest in the nomination of Industrial and technology products. The sophisticated compressor systems GCM3-107/7-31 UHL 4 and TAKAT-132.08 M4A HL1 were awarded with Diplomas and certificates of the Competitions:
- The centrifugal compressor system GCM3-107/7-31 UHL 4 is intended for natural gas supply to a gas turbine of the power unit at the Phase II South-Western Thermal Power Plant (St. Petersburg). The compressor system, which utilizes the most advanced technical solutions and meets the requirements of the API 617 standard, was successfully tested and shipped to the customer within the terms of the contract.
- The vacuum compressor system TAKAT 132.08 М4а HL1, based on the screw oil-filled compressors with separate lubrication and oil injection system, is manufactured using modern technologies in accordance with the requirements of Russian and international (API 619) standards. The system, designed for compression of associated petroleum gas with a high content of heavy hydrocarbon fractions, is intended for the construction projects of a central oil collection point at the Novoportovskoye oil, gas and condensate field (Gazprom Neft).
Thermo-chemical Binary Mixture Technology (TCBXT)
In 2018, HMS Group completed the realisation of the project “Development of the technology and equipment complex for thermo-chemical and oil-and-gas-bearing formation treatment. Employment of the technology allows to increase hydrocarbon production and restore the ecological environment on oil and gas fields, instead of using the foreign technology of proppant-gel fracturing.
You can find more in R&D section.
Non-CIS export sales revenue of HMS Group has reached c. US$ 41 million including international Nuclear Power Projects, showing moderate growth versus previous year, despite worsening of the geopolitical environment, too slow recovery of the oil prices and still suspended progress in many major international oil & gas projects.
At the same time, HMS Group through UAE Branch office in 2018 explored new opportunities in Egyptian infrastructural, water & utilities projects. It secured 2 contracts and insured first revenue at the amount of US$ 1 million, built up a solid inquiry log with good probability to secure another US$ 2 million project, started prequalification in Egyptian oil & gas, water & utilities end-users majors such as ENPPI, Petrojet, EGPC, AMOC, MIDOR, NAPWASD, Water authority of Ministry of Defense – Irrigation and RO Projects.
Considerable export sales backlog for 2019-2020 of US$ 82.5 USD (excluding international Nuclear Power Projects) in 1Q 2019 was inherited thanks to the considerable OIT acquired in 2018, including start of the static, modular and compressors equipment international sales. Being the great challenge, the international backlog will inspire the adaptation of the extended HMS product range to the international market and give a boost for the increase of the manufacturing facilities capabilities.
HMS keeps on business expansion to the Persian Gulf countries persisting the qualifications in KOC (Kuwait), ARAMCO (Saudi Arabia), PDO (Oman), ADNOC (UAE).
At the same time the HMS carefully preserve and develop the business with traditional international clients such as British Petroleum, ENI, Lukoil Mid East, Gazpromneft (Badra), Statoil, Total, Technip, Technimont, Daelim, Linde etc. increasing from year to year the business volume with the above clients.
In 2018, several contracts worth c. US$ 13.5 million were signed to deliver pumping equipment to a power plant, located in South Asia.
In December 2018, HMS Group signed a contract worth Rub 5.2 billion to deliver main and auxiliary equipment for a gas booster station at an oil and gas condensate field in Russia.
Also, the company signed a Rub 2 billion contract to deliver gas transportation units to one of Russia’s majors.
New Projects after the Reporting Date
In April 2019, HMS Group signed a number of contracts worth Rub 4 billion for delivery and installation of gas treatment units to one of Russia’s oil & gas major.