Earlier this month, Flowserve Corp received two major project awards primarily for original equipment pumps from engineering, procurement and construction (EPC) contractors working on two significant Middle East-based projects.
The awards are collectively worth more than US$150 million.
\u201cWith an enhanced selective bidding approach, we are confident in our ability to execute these awards and are pleased these projects were booked using this methodology. Our global project funnel continues to be robust and is up approximately 10% as of 31 March 2024, versus prior year,\u201d said Scott Rowe, Flowserve\u2019s president and CEO.
Rowe said the region is currently in the midst of an expected multi-year capital spending up-cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"
Earlier this month, Flowserve Corp received two major project awards primarily for original equipment pumps from engineering, procurement and construction (EPC) contractors working on two significant Middle East-based projects.The awards are collectively worth more than US$150 million.\u201cWith an enhanced selective bidding approach, we are confident in our ability to execute these awards and are pleased […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3310","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts\/3310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/comments?post=3310"}],"version-history":[{"count":1,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts\/3310\/revisions"}],"predecessor-version":[{"id":3311,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts\/3310\/revisions\/3311"}],"wp:attachment":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/media?parent=3310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/categories?post=3310"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/tags?post=3310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}