SOCAR, INTES to postpone negotiations on supply of oil equipment

Baku, Azerbaijan, January 17

By Taleh Mursagulov - Trend:

Negotiations between Russian company INTES and Azerbaijani state company SOCAR on the supply of oil equipment were postponed till the beginning of March, Trend reports referring to the INTES's CEO Yury Bogachuk.

INTES has already completed the last stage of pilot tests at Azerbaijan's deposits. After their completion, negotiations with the Azerbaijani state-owned company SOCAR were planned to be held.

The installation of about 600 units of equipment at Azerbaijani fields is considered at the first stage.

Earlier, Yuri Bogachuk told Trend that the minimum increase as a result of the implementation of the INTES is three tons, and mainly two to five times, depending on the potential of the well itself.

Besides, the system itself determines the optimal mode of operation, adjusts to this mode itself and works with the highest possible flow rate, without interruption, without human intervention and with the application of all operating procedures for pumping equipment.

INTES LLC was established in 2010. The company specializes in construction of exploration and directional wells, both in the traditional way with the use of hydraulic systems, and with the use of gaseous and foam agents.

INTES performs as a contractor and coordinator of oil and gas services, produces intelligent systems for control of oil production.

---

Follow author on Twitter: @TalehMursagulov