Flowserve Announces Order of Approximately $8 Million For Pumps to Boost Shell Output at St. Joseph Field

From Yahoo! Finance: Flowserve Corporation (NYSE: FLS - News), a leading provider of flow control products and services for the global infrastructure markets, announced it was awarded an order of approximately $8 million for pumps by Shell Malaysia Exploration & Production (Shell) to aid in the oil recovery efforts for the St. Joseph field, located in the South China Sea.

The St. Joseph field comes under the North Sabah 1996 Production Sharing Contract. Shell and its co-venturer PETRONAS Carigali Sdn. Bhd. are the production sharing contractors of PETRONAS (the Malaysian national oil company), with Shell being the operator.

To read the full press release please click on the link below:

Flowserve Announces Order of Approximately $8 Million For Pumps to Boost Shell Output at St. Joseph Field, Offshore Sabah

Yours,

Berlin Technologies

Flowserve Announces New Ultra High Pressure Pumps to Help Increase Oil Field Capacity for Shell Ursa/Princess Waterflood Project

News Release of Flowserve: Flowserve Corporation (NYSE:FLS - News), a leading provider of flow control products and services for the global infrastructure markets, announced the successful start up of what Flowserve believes to be the highest pressure deep water injection centrifugal pumps in operation worldwide.

At the Ursa/Princess Waterflood project for Shell Oil Company, the pumps will inject high pressure water into the sea bottom field to force out otherwise unrecoverable oil. The project is expected to extend the life of the applicable Gulf of Mexico field by 10 years.

To read the full release please click on the link below:

Flowserve Announces New Ultra High Pressure Pumps to Help Increase Oil Field Capacity for Shell Ursa/Princess Waterflood Project

Yours,
Berlin Technologies