Alfa Laval Wins SEK 260 Million Offshore Pumping Systems Order

Regulatory News:

Alfa Laval (STO:ALFA)

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems for FPSO projects in Angola. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 260 million and delivery is scheduled for 2015 and 2016.

The order comprises offshore pumping systems for two FPSOs (Floating Production Storage and Offloading vessel). Once completed, the vessels will be moored outside the Angola coast.

"I am pleased to announce the third large order for our Framo products since the brand was included in our offering through the acquisition of Frank Mohn AS,” says Lars Renström, President and CEO of the Alfa Laval Group. "These products fit very well in our portfolio of reliable and efficient products for the marine and offshore oil and gas markets.”

Did you know that… Angola's oil production grew by an annual average of more than 15 percent from 2002 to 2008 as production started from multiple deep-water fields that were discovered in the 1990s? (source; EIA)

About Alfa Laval

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.

Alfa Laval’s products are also used in power plants, aboard ships, oil and gas exploration, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications.

Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena.

Alfa Laval is listed on Nasdaq OMX, and, in 2014, posted annual sales of about SEK 35.1 billion (approx. 3.85 billion Euros). The company has about 18 000 employees.

www.alfalaval.com

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