ROG-Engineering in Uzbekistan: Oil&Gas equipment and electrical engineering solutions are in high demand in the country
ROG-Engineering in Uzbekistan: Oil&Gas equipment and electrical engineering solutions are in high demand in the country
February 22, 2019. Moscow — PJSC Evropeyskaya Elektrotekhnica (hereinafter – the "Company" or the "Group"), one of the leaders in the Russian engineering market, represented by its subsidiary ROG-Engineering, is participating in the CCI France Russie business mission in Uzbekistan.
Period: February 18–22, 2019.
Habir Kilmuhametov, General Director of ROG-Engineering LLC, commented on the event: “Uzbekistan is experiencing very active economic growth. Large-scale new construction is underway of both residential areas (it is planned to almost double the volume of construction this year) and industrial facilities. This encourages significant demand for engineering and technological solutions, and our company really has something to offer in this field. Our colleagues expressed interest in a number of different engineering products: nighttime illumination of buildings and structures using modern LED lighting equipment, relay protection, transformer substations, etc. A major CHPP reconstruction program is currently being implemented in both Russia and Uzbekistan.
Representatives of the country's authorities demonstrated Uzbekistan's attractive investment opportunities. Diverse economic preferences are possible when locating production in the Navoi Free Industrial Economic Zone. Local banks are prepared to financially support industrial projects in implementation.
As for our traditional line-of-business, i.e. Oil&Gas equipment, I would like to note great interest in gas preparation, drying and utilization complexes. We met with our current customers, and they confirmed their willingness to use our technical solutions (including flare systems), the application of which is already embedded in the projects under development at the design level and in feasibility studies. We expect these negotiations to result in secure contacts in 2019.
I'm very pleased that the business missions have proven to be effective for business communication. The mission met all of my expectations and even exceeded them. I would like to express my gratitude to our colleagues from CCI France Russie for organizing the productive meetings with Oil&Gas companies and federal and local government bodies. The meetings have been substantial, and the representatives of the host country are of a high level.
During the visit, meetings were held with Vladimir Tyurdenev, the Russian Ambassador in Uzbekistan, as well as with Andrey Kaverin, the Deputy Trade Representative of the Russian Federation in Uzbekistan. Russian companies can count on the support of our official departments in any issues related to the business and interstate agenda.
One more advantage of participating in business missions is the opportunity to communicate with other member companies of the Chamber and identify topics for cooperation. We are currently considering taking part in the next business mission organized by the Chamber in April 2019 in Baku (Azerbaijan) to hold meetings with local authorities and business representatives, including the State Oil Company of the Azerbaijan Republic.”
More about CCI France Russie
Groupe CCI France Russie's mission is to strengthen economic and trade relations between France and Russia, promote cross investment, constructive dialogue and a better understanding of both French and Russian realities.
By providing constant support to its member companies, Groupe CCI France Russie:
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unites companies within a professional community that opens up new opportunities for them, thanks to the activities of the Franco-Russian Chamber of Commerce and Industry;
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protects their interests before the authorized persons and authorities of both states within the framework of the work of the Economic Council;
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provides comprehensive information about the Russian market and the current political and economic situation in Russia, which is compiled by the Observo Franco-Russian Analytical Center as part of the Chamber.
The Franco-Russian Chamber of Commerce and Industry regularly conducts business missions to countries in Eurasia and to regions across Russia.
The goal of the missions is to discover the investment potential of the regions visited and find opportunities for the implementation of joint projects.
For each business mission, CCI France Russie develops a special program taking into account the goals and profiles of the participants, which makes it possible to gain full understanding of the region and its industrial potential. Business meetings and visits to enterprises are organized and coordinated with the participating organizations. In addition, CCI France Russie helps to find partners for the companies' projects.
About ROG-Engineering
ROG-Engineering LLC (www.rogeng.ru) has been part of Group of Companies PJSC Evropeyskaya Elektrotekhnica since June 2018. PJSC Evropeyskaya Elektrotekhnica has a 95% stake in the Company's capital.
The Company develops, designs and produces a wide range of modern highly efficient modular process equipment for clients in Oil&Gas and petrochemical markets, including:
- Booster pump stations,
- Oil and gas treatment units in modular and container design,
- Mobile complexes for exploration and developing of drilling wells,
- Flares,
- Gas separation plants, as well as separate apparatus and units.
The Company's products have certificates of compliance with the requirements of the Eurasian Customs Union for Oil&Gas industry equipment.
The main customers of the Company are leading oil and gas companies in Russia and other countries: Rosneft, Lukoil, Gazprom Neft, Bashneft, Irkutsk Oil Company, and RussNeft.
One third of the Company's staff is comprised of research and engineering personnel. The Company's own design office ensures its leadership position in developing the innovative equipment in demand among Oil&Gas companies.
About the Group of Companies PJSC Evropeyskaya Elektrotekhnica
PJSC Evropeyskaya Elektrotekhnica (MOEX: EELT) provides comprehensive services in the sphere of creating energy and electric power supply systems, electric lighting systems, and low current systems at all types of facilities, as well as industrial electric heating systems.
The Company has been working in the electrical engineering market since 2004, and at present has its own engineering and production facilities. The Company is one of the leading distributors of electrical equipment in Russia, offering customers a wide range of products made both in Russia and abroad. Thanks to a well-organized and efficient logistics system, the Company is able to supply products (including oversize loads) all over Russia, including to hard-to-reach areas of the North, as well as Belarus, Kazakhstan, Turkmenistan, Kyrgyzstan and Uzbekistan. The company established its own production of transformer substations, electric switchboard equipment of any complexity (up to 6300 A), electric lighting systems and electric heating systems.
The Company implements projects in the oil and gas sector, electric power sector, nuclear industry, metal industry, mining industry, and manufacturing industry and at transport infrastructure facilities. Evropeyskaya Elektrotekhnica's customers include companies such as Rosneft, Gazprom, NOVATEK, LUKOIL, and Nizhnekamskneftekhim. The Company's projects include Power of Siberia, Yamal LNG, Smolensk NPP, Data Center of Sberbank of Russia, and the Domodedovo, Sheremetyevo, and Pulkovo airports, etc.
Since 2018, the Company has been producing highly efficient modular process equipment for clients in Oil&Gas and petrochemical markets at the site of its subsidiary ROG-Engineering, a research and production Company in Ufa (Republic of Bashkortostan, Russia).
Key financial indicators of PJSC Evropeyskaya Elektrotekhnica (IFRS):
|
|
Revenue (RUB billion) |
Profit for the period (RUB million) |
Total assets (RUB billion) |
|
9m 2018 |
2.6 |
224.3 |
1.47 |
|
2017 |
2.6 |
134.7 |
1.15 |
The number of employees is about 400 (as of June 30, 2018). Since September 2017, common shares of PJSC Evropeyskaya Elektrotekhnica are traded on the Moscow Exchange with trading code EELT.
In June 2018, the Company was named "Leader of Import Substitution" at the "Leader of Competitive Sales" annual national awards, in which 450 domestic suppliers from various industries took part.
Contacts:
PJSC Evropeyskaya Elektrotekhnica
Tel .: +7 (495) 640-93-48
Mailing address: Building 3, 1 Lyotchika Babushkina St., Moscow, 129344
Press contact Contact for investors and analysts
www.euroet.ru www.euroetpao.ru
For more information, please contact:
Stanislav Martyushev
Director for Corporate Communications and Investor Relations
PJSC Evropeyskaya Elektrotekhnica
Tel. +7 (495) 640-93-48, ext. 164
FOR REFERENCE:
ROG-Engineering LLC (www.rogeng.ru) performs the full range of services including:
- survey of existing Oil&Gas production facilities with presentation of engineering and process recommendations;
- engineering, design and construction of newly build projects;
- reconstruction and modernization of existing equipment and plants;
- design, fabrication and supply of complete process train equipment, modular process equipment, different types of pumping stations, mobile well-test and development units, flares and combustion systems, gas separator, gas treatment units and other types of Oil&Gas process equipment;
- design and implementation of hardware and software for Automated Process Control Systems;
- installation supervision;
- commissioning and start-up, designer's field supervision.
ROG-Engineering LLC designs and fabricates wide range modular process equipment with fully automated controls including:
- booster pumping stations BPS for any capacity;
- preliminary water knock-out units of vessel and tubular design with capacity up to 30 000 m3/day;
Perfomance indicators of preliminary water knock-out units:
• water cut of oil at inlet: up to 95% and greater;
• water cut of oil at outlet: 0.5% to 5%;
• content of petroleum products and solids in treated water: 5 to 50 mg/l.
- oil treatment plants with capacity of 0.2 to 4 million tons per year;
- produced water treatment units or separate vessels such as settlers of vessel or tubular design with volume of 10 to 200 m3 and with quality of water treatment of 5 to 50 mg/l;
- packaged well pad pumping station with capacity of 20 to 180 m3/hour;
- inlet separators for oil with high gas-oil ratio up to 2000 m3/m3;
- modernized separators and settlers with increased capacity of vessel and tubular designs;
- mobile well-test and development units;
- oil-well separation units;
- test separators for oil with normal and high gas-oil ratios up to 2000 m3/m3;
- associated petroleum gas treatment;
- gas treatment units;
- low pressure gas recovery units;
- gas dehydration units;
- combustion systems including flare KO drums, condensate drums, LP and HP flare risers, flare systems with tips for smokeless combustion;
- flare systems with demountable tips;
- flare systems with demountable flare stacks;
- horizontal flares for combustion LP and HP gases;
- horizontal flares for combustion of industrial waste gases;
- horizontal flares for combustion of liquid hydrocarbons and other combustible liquids;
- mobile filtration units;
- various types of pumping stations;
- auxiliary and utilities equipment including modular buildings for control rooms, motor control centers and others.
