The new joint venture – SPX Flow & WTE Energy Industrial Services FZCO – will have offices in Dubai, with local operations and an S&W Energy Industrial Services subsidiary based in North Rumalia oil field in southern Iraq.
SPX Flow and WTE have already built a local 1000 m2 fully equipped workshop within the Rumalia Concession Area. The Basra Province-based workshop is centrally located in Iraq’s oil producing south and is strategically located to provide easy access to the country’s Zubair, Majnoon, Rumalia, West Quarna, Garraf and Missan super-giant oil fields and to serve Basra’s and Baghdad’s refineries and power stations.
The joint venture company will provide field services, site surveys and workshop overhaul and maintenance services for all manufacturers of rotating equipment including centrifugal, reciprocating and metering pumps and mixers. Static equipment service for valves, filters and quick release closures will also be provided. The new joint venture will also support the new equipment and spares activities of SPX Flow’s team and channel partner who will continue to focus on these projects in the region.
Through the joint venture, SPX Flow will build on WTE’s established presence in and experience and knowledge of the Iraqi market while expanding on its own long-standing installed base in Iraq through its ClydeUnion Pumps, Bran+Luebbe, Plenty, Lightnin Mixer, Copes and M&J Valve brands.
Mortimer Buckley, regional general manager, SPX Flow Middle East, said: “I’m very excited by the opportunity that the JV with WTE in Iraq provides. It bolsters SPX Flow’s global commitment to localize 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.”
Falah Wajdi, owner and general manager, WTE Wajdi Group, said: “The JV with SPX Flow is a significant step towards our vision of delivering a world-class service locally. WTE’s North Rumaila compound will provide the installed base around the country with a key hub for vital services for all types of rotating and static equipment, regardless of the original equipment manufacturer. I look forward to collaborating closely with SPX Flow to serve IOCs and state companies in the region.”
