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Summa Group News - November 2014 - PT1

Summa
November 14, 2014

Summa Group News - November 2014 - PT1

News from the Summa Group regarding their missions to the antarctica with FESCO and Stroynovatsiya developments in Kalmykia.

Summa

November 14, 2014
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  1. FESCO Ship Returns from Kara Sea Far East Shipping Company

    (FESCO) ship Kapitan Khlebnikov has returned to its home port after completing work in the Kara Sea (Arctic Ocean), north of Siberia. The ship spent the last few months as an ice patrol tender protecting the West Alpha rig which was prospective drilling in East Prinovozemelsky. The Kapitan Khlebnikov arrived on 1st November at Port Vladivostok after exploring and developing oil and gas fields in the Kara Sea. After navigating the Northern Sea Route in ice bound conditions, the west-east transit home was completed in 134 days. Summa News – Nov 2014 – PT1 The ship will now undergo routine maintenance, crew rotation and stock renewal. The Kapitan Khlebnikov expects to set out again in early February 2015 on the Sakhalin-2 project and aims to take oil and LNG tankers to Aniva Bay and Le Perouse Strait.
  2. Stroynovatsiya Completes Commissioning Work Summa News – Nov 2014 –

    PT1 Summa group subsidiary Stroynovatsiya has completed the second phase of the Caspian Pipeline Consortium (CPC) project which aims to increase the capacity of the oil pipeline system. Oil pumping stations (OPS) Nos .3 and 4 of the Republic of Kalmykia and Stavropo Krai respectively are now complete and include mainline pumps and filters, systems for smoothing pressure waves and temporary oil sludge storage facilities. The CPC pipeline system connects the Western Kazakhstan oil fields and the Russian coast of the Black Sea.
  3. FESCO Vessel to Deliver to Antarctic Summa News – Nov

    2014 – PT1 The Argentine Defence Ministry has announced that the Far East Shipping Company (FESCO) will participate in the Antarctic logistics project for Argentine research bases in 2015. The freights will visit research bases Orcadas, Marambio, Esperanza, San Martin, Petrel and others. The navigation will start in January 2015 for approximately 45 days. Initially the diesel-electric ship, the Vasily Golovnin (also operated by Fesco), performed the project works but they have been moved by FESCO to provide coastal services. This November the Vasily Golovnin will be loaded with cargo, food products and diesel and set off for Buenos Aires, Argentina. This is the 7th year that FESCO will be participating in the Argentine Defence Ministry project to ship supplies to the Argentine research bases in the Antarctic.
  4. About Summa Group Summa Group specialises and invests in port

    logistics, engineering, construction, oil and gas sectors as well as telecommunications. Summa Group is a diversified private holding that comprises of more then 10 000 people in 40 regions of Russia and abroad. Mr Ziyavudin Magomedov is the founder and shareholder of the Summa Group, which will reach its 10 year anniversary in 2014. Summa News – Nov 2014 – PT1