April 15, 2020

Novomet Wins Regional Competition for the Russian Exporter of the Year Award

Regional results were announced remotely on April 9.

Russian Exporter of the Year awards go to organizations and individual entrepreneurs who have achieved the greatest success in exporting non-primary and non-energy goods, works, services, and inventive solutions.

In the Perm region, 44 exporting companies were nominated across seven categories. Novomet-Perm JSC was named the regional winner in the Big Business category. The company supplies high-tech products to a wide range of Russian and international oil companies in 25 countries. Exports account for almost 40% of Novomet revenues.

2020 Exporter of the Year awards will be determined as nominated companies advance through qualifying stages. The regional stage was the first step in this qualifying process.

Regional winners advance to federal district competitions. Federal district winners advance to the federal stage. Final national award winners will be named in a ceremony at the Made in Russia International Export Forum.

Organizers of Russia Exporter of the Year awards include the Russian Export Center, the Perm Krai Government, and the Perm Krai Export Support Center.

Learn more about Novomet on our website and social networks:

April 14, 2020

Novomet Classified as Critical Business, Continues to Operate Despite Pandemic

Novomet was included in the list of critical businesses approved by the Government Commission on Improving the Sustainability and Development of the Russian Economy on March 20, 2020. According to the decrees of the president of the Russian Federation and the head of the region, Novomet is a critical business that will remain active despite the COVID-19 pandemic.

Novomet continues to ship products and deliver services. All production sites are fully operational with personnel who are assigned work as needed to fill orders. Robotic equipment and automated processing lines help minimize the number of people needed to maintain production.

We currently have no restrictions on shipping and logistics, enabling us to access raw materials and deliver finished products to customers. With the active assistance of the regional Ministry of Industry and Trade, we and all our key suppliers have received the work permits necessary to continue to conduct business.

The safety and health of our employees and our partners remains a top priority. We follow all the recommendations of the health authorities and are taking measures to prevent the spread of infection. Most office personnel are working remotely. Necessary meetings are held using conference call and remote computer meeting technology. We are committed to using available means and technologies to support the flow of business despite changing conditions.

As an international company, we are monitoring the situation in countries where we operate. We are enforcing preventive measures in each location. Regular employee updates are sent to communicate restrictions on movement, work, and quarantine conditions.

Novomet organized an operational headquarters for preventing the spread of COVID-19 on March 27. This team is charged with adopting appropriate organizational, administrative, and preventive measures. It is also our designated point of contact for interaction with authorities.

Learn more about Novomet on our website and social networks:

April 07, 2020

The Novomet-Track Remote Monitoring and Control System

Enabling safe and secure ESP production control from a safe distance

Novomet-Track combines hardware and software in a single system to deliver remote monitoring and control for electrical submersible pumping (ESP) equipment. This easy-to-use system provides access to the surface equipment used to control an ESP using a secure internet connection. The system can be installed and activated in just one day.

The Novomet-Track system is ready to go out of the box, eliminating the cost and complication of system integration. The system consists of three components:

  • Communication module (GPRS modem) with Novomet-Track software—mounted on the surface control equipment

  • Novomet cloud data storage (if preferred, the server can be installed at a customer’s facilities)

  • Any device with internet access

Once activated, the Novomet-Track system enables access to ESP parameters and controls from anywhere in the world using secure SSL protocol with an individual login and password. Depending on customer needs, permissions can be configured at different levels. For example, operators can be given access to view ESP parameters while technologists can change parameters, configure settings, and so on.

The Novomet-Track system is currently being used to identify, address, and prevent problems before they can become emergencies. Having the ability to react quickly can prevent shutdowns and eliminate the cost, time, and unnecessary risk required to deploy service technicians. The system tracks and stores all activity in a cloud-based server, enabling customers to access and analyze a well’s history and build custom graphs and reports for closer examination.

February 19, 2020

First five Open-Innovation Platform projects approved for development

On January 31, 2020, the Novomet Expert Commission met to review Open-Innovation Platform applications.  The commission consists of top Novomet executives and is headed by CEO Maxim Perelman.

Twenty-eight Open-Innovation Platform applications made it through the pre-moderation process. Twenty-one were considered by the Expert Commission.

The commission discussed pros and cons of each project, including project merit, commercial viability, and potential for further development.

At the end of the session, the commission picked five projects to support. These five applicants will be offered agreement options that typically include the following types of support from Novomet:

  • Direct investment
  • Manufacturing and technological support
  • Bench and pilot testing
  • Joint R&D and prototyping
  • Access to sales channels and possible creation of a joint venture

Novomet opened the Open-Innovation Platform at www.novometgroup.com/innovations 6 months ago as a portal for finding great ideas and projects for new manufacturing methods and new technologies in the oil and gas industry. Both individuals and businesses are invited to apply. The primary segments of interest are artificial lift, well completions, process automation, oil production efficiency, oil treatment and transfer, offshore operations, software, VR and AR technologies, electrical drilling, and other related technologies. Projects from any stage (idea, completed R&D, prototype, pilot manufacturing, operating business) are considered.

The Open-Innovation Platform offers individuals and businesses the opportunity for quick acceleration and commercialization of worthy projects.  The Expert Commission will meet again to review applications in April 2020.

Submit your application now for consideration!