December 2011

Trends and Resources

HP Construction: Europe

RusTurboMash LLC, a joint venture of Siemens Energy and Iskra-Avigaz, has inaugurated a new compressor-manufacturing plant in Perm, Russia. Siemens holds a 51% stake in the joint venture and Iskra-Avi..

Meche, Helen, Hydrocarbon Processing Staff

RusTurboMash LLC, a joint venture of Siemens Energy and Iskra-Avigaz, has inaugurated a new compressor-manufacturing plant in Perm, Russia. Siemens holds a 51% stake in the joint venture and Iskra-Avigaz holds the rest. The combined investment is €60 million. The initial plan is to gradually start producing stator components for small compressors. By late 2012, the plant is expected to produce complete compressors. The new plant will deliver compressors with drives in the rating range between 6.3 MW and 32 MW. Statoil has exercised an option of a three-year extension of the minor modifications frame agreement contract with Aker Solutions at the Mongstad refinery, located on Norw

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