The services company signed the deal with Gazprom’s Institute of Oil and Gas Technology Initiatives (INTI). The memorandum of co-operation (MoC) will run for five years.

The agreement will see the two sides collaborating on industry standardisation and sustainable development, Petrofac said. It noted that Russia’s energy sector aims to work with international companies, to expand domestically and abroad.

Read the full story here.

Photo Credit: Energy Voice

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