On 17 March 2008, Sovcomflot and Gazflot (a wholly owned shipping arm of Gazprom) concluded a co-operation agreement to service Gazprom's current and future offshore projects and for the transportation of hydrocarbons. The agreement was signed by Mr. Sergey Frank, Sovcomflot President and CEO and Mr. Yury Shamalov, Gazflot General Director.
The parties will work closely to develop logistical solutions for the transportation of oil and gas in the Arctic region. Sovcomflot will also assist Gazflot in procuring offshore drilling and production equipment and tonnage for the future development of the project.
Mr Sergey Frank, Sovcomflot President & CEO, said “The scale and magnitude of Gazprom’s offshore development programme is significant. It requires close co-ordination amongst all the parties involved – in this respect, we welcome this agreement with Gazflot and we are sure that it will bring effective solutions”.
Sovcomflot Group of Companies is one of Russia’s largest infrastructural enterprises. Its fleet comprises 124 vessels with a total deadweight of 8.7 million tonnes. The Group has a new-building order book of 31 vessels with an aggregate deadweight (DWT) of 2.8 million tonnes. The average age of the tanker fleet is six years, all tankers are double-hulled. The Sovcomflot Group is the global leader in MR product carriers, the second largest in the Aframax segment and it owns the biggest ice-class fleet. These market segments are the most in demand for Russia’s foreign trade and Russian oil and gas companies. The Group’s gas fleet comprises 4 LNG carriers of enhanced ice-class.
The parties will work closely to develop logistical solutions for the transportation of oil and gas in the Arctic region. Sovcomflot will also assist Gazflot in procuring offshore drilling and production equipment and tonnage for the future development of the project.
Mr Sergey Frank, Sovcomflot President & CEO, said “The scale and magnitude of Gazprom’s offshore development programme is significant. It requires close co-ordination amongst all the parties involved – in this respect, we welcome this agreement with Gazflot and we are sure that it will bring effective solutions”.
Sovcomflot Group of Companies is one of Russia’s largest infrastructural enterprises. Its fleet comprises 124 vessels with a total deadweight of 8.7 million tonnes. The Group has a new-building order book of 31 vessels with an aggregate deadweight (DWT) of 2.8 million tonnes. The average age of the tanker fleet is six years, all tankers are double-hulled. The Sovcomflot Group is the global leader in MR product carriers, the second largest in the Aframax segment and it owns the biggest ice-class fleet. These market segments are the most in demand for Russia’s foreign trade and Russian oil and gas companies. The Group’s gas fleet comprises 4 LNG carriers of enhanced ice-class.