Flowserve Receives Order for Pumps, Seals and Services from Caspian Pipeline Consortium
Flowserve Corporation announced it has received a multi-million dollar order from Caspian Pipeline Consortium (CPC).
The order, which was booked in the second quarter of 2010, includes mainline crude oil pumps, mechanical seals and support systems, and upgrades to existing pump units.
"We re pleased to expand our relationship with CPC and help them increase pipeline capacity through our innovative and highly efficient pump and seal equipment," said Tom Ferguson, president, Flowserve Flow Solutions Group. "As a worldwide provider of flow control technology to the oil and gas industry, Flowserve has a significant opportunity to further expand our presence in this important region through this order."
CPC is the largest operating investment pipeline project in Russia today and connects the oil fields in Western Kazakhstan with the new Marine Terminal in Russia. By 2014, CPC plans to expand pipeline capacity to 67 million tons per year by increasing the number of pump stations and upgrading existing units.
The Flowserve pumping systems specified for this project are designed to increase efficiency, resulting in reduced energy consumption and decreased costs.
Prior to this order, Flowserve provided services to CPC through an existing long-term, performance-based, rotating equipment maintenance contract.
Source: Flowserve Corporation
