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SPX FLOW and WTE Wajdi Group signed an agreement to form a joint venture offering rotating and static equipment services to oil, gas, industrial and power customers in Iraq. The JV will be based in Dubai with a field subsidiary at North Rumalia Oil Field in southern Iraq.
“SPX FLOW has signed an agreement to form a joint venture (JV) with the WTE Wajdi Group dedicated to the service of all rotating and static equipment for oil and gas, industrial and power customers in Iraq.”hydrocarbonengineering.com
Summarized from public sources; check the original articles before acting on it.