Izhneftemash Gets Thumbs-Up from Bashneft for Oil Production Equipment Repairs

Following a technical audit of Izhneftemash production facilities by Bashneft experts, our Izhevsk-based plant has been cleared to compete in Bashneft tender processes to award subsurface sucker rod pump (SSRP) servicing contracts.
This represents another step forward by the plant in developing the service business stream of its operations. Successful completion of the audit opens up opportunities for the plant to expand beyond the Udmurt Republic with its SSRP repair services. Bashneft is a long-standing buyer of subsurface sucker rod pumps produced by Izhneftemash. In light of this, Izhneftemash is able to prepare an all-in-one offering for Bashneft partners, combining deliveries of new equipment with subsequent maintenance in the field. The plant has already prepared and submitted competitive proposals to perform equipment repairs for four petroleum production divisions of Bashneft in Bashkortostan.
Notably, in the first 9 months of the year, sales of Rimera products and services to Bashneft have increased by 2.8 times. Another operation of Rimera Group—Rimera-Service-Povolzhye—has also been recently technically audited by Bashneft oil company with excellent results, and has been cleared for tender processes to award equipment servicing and repairs contracts in 2014.