Forum Energy Technologies Awarded Approximately $25 Million Contract to Provide Desalter Systems to Saudi Aramco
28 March 2023 - 7:31AM
Business Wire
Forum Energy Technologies, Inc. (NYSE: FET) has been awarded an
approximately $25 million contract to design, engineer, and supply
four electrostatic desalter systems for an onshore project at the
Safaniyah oil field, Kingdom of Saudi Arabia. The desalter systems
will utilize FET’s EDGETM desalting technology, ForuMixTM high
efficiency multiphase mixer technology, as well as in-house
manufacturing capabilities at FET’s facility in Dammam, Saudi
Arabia.
Neal Lux, President and Chief Executive Officer, remarked, “This
award demonstrates the value FET provides through its extensive
technology portfolio and global reach. Building on our
technologies’ successful track record, we are pleased to be working
with Saudi Aramco on another important project.”
FET is a global company, serving the oil, natural gas,
industrial and renewable energy industries. FET provides value
added solutions that increase the safety and efficiency of energy
exploration and production. We are an environmentally and socially
responsible company headquartered in Houston, TX with
manufacturing, distribution and service facilities strategically
located throughout the world. For more information, please visit
www.f-e-t.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230327005488/en/
Rob Kukla Director Investor Relations 281.994.3763
Rob.Kukla@f-e-t.com
Forum Energy Technologies (NYSE:FET)
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