Meggitt PLC Contract Win (8828W)
24 Agosto 2020 - 8:00AM
UK Regulatory
TIDMMGGT
RNS Number : 8828W
Meggitt PLC
24 August 2020
24 August 2020
Meggitt PLC signs a multi-million pound contract with MODEC for
the supply of pioneering Printed Circuit Heat Exchangers
Meggitt PLC, a leading international company specialising in
high performance components and subsystems for the aerospace,
defence and selected energy markets, has secured a contract with
MODEC, Inc. (MODEC) for the supply of Printed Circuit Heat
Exchangers (PCHEs) to the Bacalhau Floating Production Storage and
Offloading (FPSO) vessel. The contract will be supplied by
Meggitt's Heatric business.
The use of Meggitt's innovative PCHE technology in gas
compression and gas injection processes enables superior
performance at a fraction of the size and weight of other heat
exchanger solutions, providing increased efficiency, flexibility
and lower operating costs.
MODEC's Bacalhau vessel will be the largest FPSO ever delivered
to Brazil with a topside designed to produce up to 220,000 barrels
of crude oil per day.
Enquiries:
Meggitt PLC
Mathew Wootton, Vice President, Head of Investor Relations
Jessica Barrett, Investor Relations Manager
Tel: +44 (0) 7833 094 069
FTI Consulting
Nick Hasell, Managing Director
Alex Le May, Managing Director
Dwight Burden, Managing Director
Tel: +44 203 727 1340
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END
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