Forum Energy Technologies, Inc. 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.
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5-day change | 1st Jan Change | ||
18.11 USD | -1.63% | -1.56% | -17.68% |
05-03 | Transcript : Forum Energy Technologies, Inc., Q1 2024 Earnings Call, May 03, 2024 | |
05-03 | Earnings Flash (FET) FORUM ENERGY TECHNOLOGIES Posts Q1 Revenue $202M | MT |
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-17.68% | 226M | |
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+17.39% | 6.5B | |
+51.23% | 6.13B | |
+48.68% | 5.66B |
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- Forum Energy Technologies, Inc. Wins Approximately $25 Million Contract to Provide Desalter Systems to Saudi Aramco