North Carolina-based manufacturer SPX FLOW has signed an agreement to form a joint venture (JV) 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 & 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.
The JV Company will provide field service, site survey, workshop overhaul & 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.