Alfa Laval wins SEK 50 million oil and gas order in Angola

Regulatory News:

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply compact heat exchangers for two FPSOs to be moored offshore Angola. The order, booked in the Energy & Process segment, has a value of approximately SEK 50 million and delivery is scheduled for 2015.

The order comprises compact heat exchangers for various duties, such as cooling, heating and condensation, in the processing of crude oil on-board the FPSOs (Floating Production Storage and Offloading vessels).

"This is yet another order related to the oil and gas industry, this time to the offshore sector. It proves our products’ performance and reliability in these heavy duties,” says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know that… Angola is the second-largest oil producer in Sub-Saharan Africa, after Nigeria, and that it produced 1.8 million barrels per day of petroleum and other liquids in 2013? (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 2013, posted annual sales of about SEK 29.8 billion (approx. 3.5 billion Euros). The company has today, after the acquisition of Frank Mohn AS about 17 500 employees.

www.alfalaval.com

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