Wanner's Hydra-Cell pumps achieve ATEX, Zone 1 certification
With the award of the ATEX certification the pumps can be used within industrial environments where flammable gases could be present.
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With the award of the ATEX certification the pumps can be used within industrial environments where flammable gases could be present.
The order, for two 3 m vertical pumps from KPO, was the first Amarinth has won in partnership with ISG, a supplier of equipment for the oil and gas and associated industries based in Kazakhstan.
Part of the company's 10-year plan includes a free cash flow of approximately US$50 billion based on a real WTI price of US$50/bbl and annual capital expenditures averaging less than US$7 billion over the decade.
The new contracts in the Middle East, Africa and Europe are worth approximately US$460 million.
Planned to start in early 2020, the survey has already received significant industry interest and is being prefunded in part by BP.
The contract will see Bourbon Marine & Logistics support Total E&P Namibia a deep offshore exploration campaign in southern Namibia in 2020.
As much as 1.2 billion bbl of oil could be held within the deposit, with up to 35% recoverable according to Springfield Group.
The E5000 will be designed to transfer personnel as well as cargo up to 5000 kg in rough waters offshore.
The contracts and contract extensions have a combined value of more than US$120 million.
Group production averaged 79.4 kboepd for the period with high operating efficiency of 94%.
Garcia recently served as Executive Vice President and Chief Financial Officer at Visteon Corporation, a leader in automotive cockpit electronics, and served as a board member of Keane Group, a pure-play provider of integrated well completions.
The rig has been named the "IMI-2030".