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Flowserve Announces Agreement with Saudi Aramco for the Yanbu' Exporting Refinery Project

Tuesday, August 03, 2010  
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Flowserve Corp. has received final approval from Saudi Aramco on a master purchase agreement to supply pumps, valves and services for the Yanbu' Export Refinery Project (YERP).

Under the terms of the corporate procurement agreement (CPA) established between Flowserve and Saudi Aramco, Saudi Aramco plans to make significant future purchases of Flowserve pumps, valves and value-added services. Flowserve expects to begin booking orders under the CPA later in 2010.

Flowserve cited its Kingdom of Saudi Arabia manufacturing facility, strong aftermarket support capabilities, broad product portfolio, technology leadership, and long-standing partnership with Saudi Aramco as its key reasons for winning this agreement. More…

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