Scandoil  

Future Fibre Technologies secures $2.75 million order for Mexican oil pipeline


Published Jun 12, 2015
Future Fibre Technologies Limited

Future Fibre Technologies Limited announced a new contract valued at $2.75 million for the sale of FFT products and services to protect pipelines in Mexico.

Today's contract win brings the total value of pipeline projects for this one customer alone to more than $4.2 million over three years. With a solid list of identified prospects and projects, FFT is well placed to achieve significant growth in this developing market segment.

FFT Chief Executive Rob Broomfield said,'Oil theft is a growing global problem, with major oil producers losing millions of dollars in revenue as crude oil is stolen through illegal pipeline tapping. The demand for pipeline protection is increasing in line with security threats and product losses - with fibre optic based intrusion detection systems the solution of choice for both oil and gas operators. As a result, FFT Secure Pipe and FFT Aura systems are today actively protecting pipelines in Latin America, Africa, China and India.'

Tags: Future Fibre Technologies Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml