OREANDA-NEWS. August 29, 2011. MRK-Engineering Ltd., a part of ITERA International Group of Companies, took part in construction of Visovoye oil field in Yamalo-Nenetz Autonomous Region, reported the press-centre of ITERA.

The Company ensured design, manufacturing, deliveries, installation supervision, and start-up and commissioning of modular process equipment that includes oil pump station, fuel gas distribution unit, oil metering unit and formation water treatment unit. The work was performed under the contract with Rusvietpetro, a Russian-Vietnamese company that holds the license for Visovoye oil field and started its commercial development.

Visovoye oil field commissioning is important for implementation of the project which includes development of 13 fields of Central Khoreiversky rise with aggregate reserves of around 95 million tons.

ITERA International Group of Companies is involved in fruitful cooperation with Joint Company Rusvietpetro LLC, founded by GKNG Petrovietnam and OJSC Zarubezhneft.

ITERA International Group of Companies  is a vertically integrated holding. It is one of the biggest independent producers and sellers of natural gas in Russia. ITERA Group includes 150 enterprises and companies in CIS, the Baltic countries, Russia, Western Europe, Asia, Africa and the USA. Since 2003, ITERA has been producing and processing raw hydrocarbons in Texas (the USA). ITERA also holds stakes in Latvijas Gaze and Eesti Gaas of the Baltic region.

MRK-Engineering Ltd.  is affiliated with  ITERA International Group of Companies and acts as the main operator for construction of oil and gas sector facilities. The Company provides the whole range of construction engineering services starting with the object design to its commissioning. At present, the customers of MRK-Engineering Ltd. are GAZPROM, Rosneft, Turkmengaz, Rusvietpetro, TNK-BP and others.