HOUSTON--(BUSINESS WIRE)--Sep. 1, 2015--
Forum Energy Technologies, Inc. (FET) is pleased to announce the signing
of a contract with Egyptian Refining Company (ERC) to engineer, design
and build eight Edge™ II desalters. The desalters will be utilized in
the Cairo Oil Refinery Company’s expansion project near Cairo. The units
are scheduled for completion April 2016 and have a contract value of
more than $20 million.
Forum’s proprietary Edge II technology has been used in many refineries
around the world and maximizes desalting performance and feedstock
capacity while minimizing demulsifier and solids-wetting chemicals of
most chemical suppliers. The desalters also utilize Forum’s Kick Amp
Responder (KAR) technology. KAR allows operators to achieve better
optimization and efficiency by controlling the output voltage of any
crude or desalting coalescing operation using the existing electrostatic
setup.
About Forum Energy Technologies
Forum Energy Technologies is a global oilfield products company,
serving the subsea, drilling, completion, production and infrastructure
sectors of the oil and natural gas industry. Forum’s products
include highly engineered capital equipment as well as products that are
consumed in the drilling, well construction, production and
transportation of oil and natural gas. Forum is headquartered in
Houston, TX with manufacturing and distribution facilities strategically
located around the globe. For more information, please visit www.f-e-t.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150901005433/en/
Source: Forum Energy Technologies, Inc.
Forum Energy Technologies, Inc.
Investor:
Mark Traylor,
281-368-1108
Vice President, Investor Relations & Planning
mark.traylor@f-e-t.com
or
Media:
Donna
Smith, 281-949-2514
Director of Marketing
donna.smith@f-e-t.com
