KTR is a private company headquartered in Astana, Kazakhstan, and operates a service and repair facility in Atyrau. The company is engaged in the maintenance and modernization of gas turbine and gas pump units. The company’s clients are primarily located in Kazakhstan, which is one of the global producers of oil and gas.
Dresser-Rand said that this agreement is consistent with it’s business strategy of service solution expansion and localization in rapidly expanding markets outside North America and is in accordance with the industrial innovation development plan in Kazakhstan.
The agreement compliments a recently added dimension to Dresser-Rand’s service portfolio with extension into the industrial gas turbine repair and field services segment.
Nicoletta Giadrossi, vice president and general manager of Europe, Middle East and Africa at Dresser-Rand, said: “The agreement with KTR provides our two organizations with a tremendous opportunity to build a leading aftermarket service and repair business in this important region of the world.
“KTR has earned a reputation as a high-quality service provider for a wide-range of rotating equipment. Together, we can increase our penetration into the sizeable installed base of compressors, steam turbines and industrial gas turbines in the region.”