Chelpipe Group and Surgutneftegaz Agree on Strategic Partnership
OREANDA-NEWS. April 20, 2016. ChelPipe Group and Surgutneftegaz JSC signed a strategic partnership agreement until 2020. The document was signed last week in Surgut.
“ChelPipe Group and Surgutneftegaz have been partners for many years. Our companies share common values: we are focused on implementing best practices and corporate culture, increasingly taking efforts for import substitution and mastering latest technologies, and committed to continuous quality improvement”, said Alexander Grubman, ChelPipe Group General Director. “The agreement has been signed to strengthen partnership relations between ChelPipe Group and Surgutneftegaz, to make it more efficient in the science and technology domain”.
The strategic partnership agreement also involves setting up a science and technology cooperation program. ChelPipe Group and Surgutneftegaz specialists will work together to launch production of OCTG products, including tubulars with Premium threads and high-performance oil and gas line pipes and pipeline fittings. The companies also agreed to hold regular field meetings at Surgutneftegaz and ChelPipe Group production sites to get a better understanding of both oil production and pipe manufacturing technologies. The progress of works and further plans will be analyzed on a yearly basis at the sessions of the steering committees.