Smiths Group plc

28/06/2024 | Press release | Distributed by Public on 28/06/2024 18:39

John Crane signs five-year contract to support major oil company’s Canada complex

John Crane, a global leader in rotating equipment solutions and energy transition technologies and services, and a business of Smiths Group plc, has been awarded a significant, five-year contract to provide industrial seal support services for a major complex in Alberta, Canada. The site is one of North America's most efficient, modern and integrated hydrocarbon processing sites, operated by a major global energy company.

The contract is to provide a managed reliability programme (MRP) designed to extend the longevity of critical site assets at the complex, including its rotating equipment such as centrifugal pumps and industrial seals. The MRP begins with a comprehensive feasibility study to establish the full scope of the facility's needs, and will provide various services to improve plant performance, and to reduce inventory and operating costs.

These services include assessing equipment reliability, benchmarking asset performance against industry averages, analysing any root cause failures and recommending strategies for improvement. By performing this essential maintenance, the lifetime of the site's industrial seals, as well as associated equipment and process plant reliability can be significantly improved.

John Crane has a long-standing relationship with the complex having been the main supplier of mechanical seals for over twenty years, covering all major areas of the site's critical rotating equipment operations. In support of the programme, two dedicated John Crane employees will relocate to the site.

President of John Crane, Bernard Cicut, commented: "We are proud to extend our decades-long relationship at this site by providing a reliability programme to increase the lifecycle of its critical equipment. It is an important facility that is already the most energy efficient refinery in Canada, and it is increasing its output of lower-carbon fuels to accelerate the energy transition. We are looking forward to continuing to support this journey."

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About John Crane
John Crane is a global leader in mission-critical technologies for the energy and process industries and an innovator in rotating equipment, encompassing mechanical seals, couplings, filtration systems and cutting-edge asset management and digital diagnostics solutions. Blending a rich legacy of innovation with a commitment to service excellence, we have enabled our customer's reliable and sustainable operations for over a century. While recognizing the role of traditional energy, we are pioneering solutions that enable cleaner alternatives, crafting a vision for a sustainable energy future. Our extensive global presence underscores our promise to customers, with over 200 service centres in 50 countries. With more than £1 billion in revenue in 2023, we are an integral pillar of Smiths Group plc, a FTSE 100 listed company dedicated to improving our world through smarter engineering.

About Smiths Group
For over 170 years, Smiths Group has been pioneering progress by improving our world through smarter engineering. We serve millions of people every year, to help create a safer, more efficient, and better-connected world, across four global markets: Energy, General Industry, Safety & Security, and Aerospace. Listed on the London Stock Exchange, Smiths employs more than 15,000 colleagues in over 50 countries. For more information visit www.smiths.com.