Simark Controls receives another follow-up order for fully integrated VFD systems

Alberta Oil Producer places a follow-up order for more of Simark’s successful, fully integrated Variable Frequency Drive systems (VFDs). +++ Simark’s VFD systems help the oil producer to significantly reduce costs with unique installation and operations benefits. +++ Order is for 68 ESP systems.

Brunnthal/Munich, Germany, March 2, 2020 – Simark Controls Ltd., a subsidiary of SFC Energy, a leading provider of hybrid fuel cell solutions to the stationary and mobile power generation markets, has received another follow-up order for their fully integrated Variable Frequency Drive systems (VFDs) from an Alberta Oil Producer. The order is for 68 ESP systems.

These VFD systems operate electric submersible pumps (ESPs) used to artificially lift heavy oil from well pads. They significantly reduce installation and operating costs. Additional benefits are improved pump uptimes, optimized pump operation and augmented oil production.

“We are excited to receive another, even larger follow-up order for our Variable Frequency Drive solutions from this oil customer,” says Martin Curtis, President, Simark Controls. “With our systems and integration expertise and our clean, innovative product solutions we can perfectly meet the growing demand of oil & gas producers for more operational excellence and environmental friendliness.”

“For us this new follow-up is a sign of beginning stabilization in the Canadian oil & gas industry, which has been suffering from challenging logistics and lacking transport infrastructures for almost three years,” says Dr. Peter Podesser, CEO of SFC Energy. “Additional pipeline projects may further push demand for our highly efficient automation and power solutions.”

Additional information on SFC Energy’s fuel cell solutions for Clean Energy & Mobility, Defense & Security, Oil & Gas, and Industry at sfc.com. Additional information on Simark Controls at simarkcontrols.com.

About SFC Energy AG

SFC Energy AG (www.sfc.com) is a leading provider of hydrogen and direct methanol fuel cells for stationary, portable and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 65,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich, Germany, and has operating subsidiaries in Canada, India, the Netherlands, Romania, the United Kingdom, and the United States of America. SFC Energy AG is listed on the Deutsche Boerse Prime Standard and has been part of the selection index SDAX since 2022 (GSIN: 756857 ISIN: DE0007568578).

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SFC Contact

Marc Bächle
Tel: +49 89 125 09 03-32
Email:
Web: sfc.com

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