SPX Flow and WTE Wajdi Group sign JV agreement for mechanical equipment service centre in Southern Iraq

Iraq JV(Image source: edelman)This new service centre will serve Iraq’s “super giant” oil fields for the years to come

SPX Flow has signed an agreement to form a joint venture with the WTE Wajdi Group dedicated to the service of all rotating and static equipment for oil and gas, industrial and power customers in Iraq.

The JV will operate under the name of “SPX Flow and WTE Energy Industrial Services FZCO“ and will have offices in Dubai, with local operations and a subsidiary entity “S&W Energy Industrial Services“ based in North Rumalia Oil Field in southern Iraq.

SPX Flow and WTE have already constructed a local 1,000m2 fully equipped workshop within the Rumalia Concession Area. The workshop in Basrah Provence is centrally located in the heartland of Iraq’s oil producing south and is strategically located to provide easy access to Iraq’s “Super Giant “ oil fields – Zubair, Majnoon, Rumalia, West Quarna, Garraf, and Missan as well as accessible to serve Basrah and Baghdad refineries and power stations.

The JV Company will provide the following services: field service, site survey, workshop overhaul and maintenance services for all manufacturers of rotating equipment including centrifugal, reciprocating, and metering pumps, mixers, as well as static equipment service – valves, filters and quick release closures. Its purpose will also be as a resource to support new equipment and spares supply activities of SPX Flow’s team and channel partner who will continue to focus on these projects in region.

Through localisation SPX Flow engineering and service capabilities in Iraq, SPX Flow and WTE aim to partner with both IOCs and state companies as they assist Iraq’s industrial redevelopment and ramp up its daily oil production.

According to Mortimer Buckley, Regional General Manager, SPX Flow Middle East: “I’m very excited by the opportunity that the JV with WTE in Iraq provides. It bolsters SPX Flow’s global commitment to localise service capabilities in proximity to our key clients and enables us to best serve and quickly respond to their requirements. The unique challenges of the Iraqi market highlight the need for us to provide a tailored service for our clients. They appreciate our commitment to be there with them at all times.“

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