SGS and VNIPIneft Sign Cooperation Agreement
SGS Vostok Limited, member of SGS Group, and VNIPIneft have signed a cooperation agreement for the construction, restoration and further development of various oil and gas refining, petrochemical and chemical facilities.
The Scientific Research and Engineering Institute of Petroleum Refining and Petrochemical Industry – VNIPIneft – was founded in 1929. At present, taking into account its production capacity, technical equipment, scope of work done, and volume of orders received, VNIPIneft is Russia’s leading engineering company in the field of oil and gas refining, petrochemicals, chemicals, and infrastructure development of oil fields. VNIPIneft has designed 40 oil refineries and industrial facilities in Russia, the CIS countries, Bulgaria, Hungary, Egypt, India, Cuba, Poland, Turkey, and Ethiopia, as well as over 300 oil refinery facilities based on domestic/foreign technologies.
“Traditionally SGS provides services in product certification, industrial safety evaluation and independent monitoring of investment project implementation. Being an engineering company, VNIPIneft executes and develops justification of investments, the issuance of design and engineering documentation and a large variety of other works”, T. Abasov, COO of SGS Vostok Limited, commented. – "Thus, thanks to the cooperation of our companies, we have an excellent chance to provide more comprehensive services to companies engaged in implementing the construction and restoration of oil and gas refineries, as well as petrochemical and chemical enterprises”.
“I am absolutely sure the combined efforts and synergies of such companies as SGS and VNIPIneft will promote further success in implementing investment projects in the sphere of oil and gas refining, petrochemicals, and chemicals both on the territory of the Russian Federation, the states of the former Soviet Union and other foreign countries” – V.M. Kapustin, Director General of VNIPIneft pointed out.
The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognized as the global benchmark in quality and integrity. With more than 55,000 employees, SGS operates a network of over 1,000 offices and laboratories around the world.