OREANDA-NEWS. In September, JSC "Volgogradneftemash", which is a part of SGM Group of Companies, and JSC "Gazprom Neft" signed an agreement on the strategic partnership for a 5-year period.

The agreement covers a broad range of areas of cooperation, such as equipment supply, comprehensive and integrated projects implementation, research and development works to name but a few.

Signing of the agreement certifies about the high level of credence that was given by one of the major subsidiary companies of OAO Gazprom, namely JSC "Gazprom Neft" to JSC "Volgogradneftemash" as a reliable manufacturer of the state-of-the-art and high-tech equipment that is utilized on the oil production and processing facilities.