Browsing Tag
Flotek Industries
2 posts
Flotek secures 10-year Puerto Rico power role as $400m backlog tests PWRtek strategy
Flotek Industries expects up to $40 million in annual revenue from equipment and fuel-optimisation services supporting Puerto Rico’s 400MW temporary generation project. The award could materially expand recurring revenue, but Flotek’s 10% project scope and dependence on wider execution make the headline backlog conditional rather than assured.
Flotek Industries acquires data and analytics company JP3 Measurement
US-based Flotek Industries has acquired JP3 Measurement, a data and analytics technology company based in Texas, in a…