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Sapphire Technologies Expands into Nigeria with Horizon Shores Partnership
Nov 12, 2024•over 1 year ago
Contract Type
partnership
Description
Sapphire Technologies has expanded into the Nigerian market through a strategic partnership with Horizon Shores Nigeria Ltd, aiming to deploy FreeSpin® In-line Turboexpander technology to capture and convert wasted pressure energy into clean electricity for Nigeria’s midstream and upstream oil and gas sectors.
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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