Ukrainian oil company to receive 200 pumps from German company to increase oil production
Pravda Ukraine
JSC Ukrnafta, the largest Ukrainian oil company, has signed an agreement with the German Oil Dynamics company about the supply of 200 electric pumping systems for the intensification of oil production.
Source: Ukrnafta’s press service
Details: It is planned to conduct the supply of electric pumping systems in four batches, each comprising 50 pieces, starting in December 2023. The first order states that the company expects the supply of 200 systems.
Moreover, the agreement also provides for the supply of a control station with software that increases the lifecycle of such systems with the help of uninterrupted remote monitoring.
“The Oil Dynamics equipment was developed and manufactured in Germany within the Industry 4.0 concept and meets API standards,” Serhii Koretskyi, head of Ukrnafta, explained.
The agreement provides for possible cooperation during the next five years, until 2028.
Background:
- Within the first year of operation under state management, Ukrnafta will receive a UAH 95 billion (US$2.5 billion) income, which exceeds an average annual index twice over the past decade.
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