oil & gas assets
You have accessed this news story:

OFS - Energy Recovery breaks up with SLB, will grow VorTeq by itsel - July 2020



Feed Icon
Five years into a 15-year agreement, Energy Recovery’s licensing deal for Schlumberger’s exclusive use of the VorTeq hydraulic pumping system has ended. The breakup leaves Energy Recovery fully responsible for global commercialization of the VorTeq technology. “At this time, the two parties have different strategic perspectives as to the path to VorTeq commercialization,” Energy Recovery CEO Robert Mao said in a June 29 press release. VorTeq is designed to extend the pump life by......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News