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Contract Type
partnership
North CarolinaManufacturingEnergyOil And GasRenewable EnergyConstructionDescription
Curtiss-Wright Corporation and Saipem have completed the qualification process of an all-electric seabed barrier fluid-less pump, which will enable the subsea injection of treated sea water into a reservoir, extending the lifecycle of subsea fields. The technology developed by Saipem and Curtiss-Wright is based on an innovative design, resulting in the first seal-less, barrier fluid-less subsea pump with high power.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months