Forum AMC Awarded Contracts for Bucking Unit
Forum Energy Technologies, Inc. (FET) announced that its AMC Engineering product line has been awarded multimillion dollars worth of new orders within one month.
The multiple orders are for the manufacture and supply of its fully rotational torque (RT) bucking unit with the first delivery scheduled for the first quarter of 2016. They have been purchased by three of the largest multi-national oil service companies and will enable improved and increased tool make up capabilities at locations in the Middle East, South America and Caspian regions.
The RT bucking machine (RT) is a self-contained, free-standing hydraulically powered unit designed for fast and accurate make up and break out of premium and regular threaded connections for tubular equipment up to a maximum torque of 200,000 foot-pounds (ft lbs).
Plant manager at Forum AMC Engineering, Darren Bragg, said, “To win a series of orders from a number of leading international companies is a major endorsement of our products and our Aberdeen-based manufacturing and export capabilities, particularly in the current challenging market conditions.
“It also demonstrates the strong relationships we have built with our customers as well as introducing a new customer to our equipment. To continue to win these large capital investments is great recognition for our team effort and reinforces a strong and encouraging start for 2016.
“We understand more than ever that budget is hard to come by and that, as part of this, understanding our customers’ requirements and delivering solutions on time, on budget is paramount. Choosing Forum’s equipment at a time when every budget item is being especially scrutinized by companies is a testament to the confidence in the reliability of our equipment.”
Forum also announced that from January, 2016, the manufacture of the company’s PQuip Mud Bucket product will be transferred to the Forum AMC facility. This joins the Tautwire product line that was moved to the Aberdeen location earlier in 2015.