Weir and MTU Agree to Jointly Develop Purpose-Built Power Systems for Fracking

  Weir and MTU Agree to Jointly Develop Purpose-Built Power Systems for
  Fracking

Two industry leaders address need for continuous duty with integrated systems

OTC 2014

Business Wire

HOUSTON -- May 6, 2014

Weir Oil & Gas and the Rolls-Royce Power Systems company MTU announced they
have signed an agreement to develop power systems specifically engineered for
hydraulic fracturing. Weir is the leading manufacturer of hydraulic fracturing
pumps, and MTU is a market leader in heavy-duty industrial diesel engines.

The system will be used for hydraulic fracking operations during the well
completion stage of shale oil and gas projects.

The agreement was announced today at the Offshore Technology Conference in
Houston, Texas, with the fully integrated power system expected to be
available to customers in mid-2015.

The agreement outlines the companies’ plans to work together to address the
market need for more reliable and continuous duty equipment. A team of
engineers is concentrating on optimizing the interface of the three most
critical components – the engine, transmission and fracturing pump – to truly
work as one system. Further, the complete packaged power system will utilize
smart controls that provide conditioned monitoring and optimized performance
for the operator.

The Weir-MTU announcement builds on Weir's innovative SPM® pumping technology
and the performance of the new MTU Frac Pack, which integrates the MTU Series
4000 T95 diesel engine and the ZF 8 TX transmission.

Steve Noon, Weir Oil & Gas Divisional Managing Director, said the new
relationship will utilize the best technology and service capabilities in the
market to provide a total integrated offering.

“Our teams are working to develop fully integrated purpose-built power systems
for fracking,” said Noon. “This innovative approach will introduce a complete
package, with all components built specifically for fracking applications,
integrated and optimized to work together, have longer run times and provide
greater efficiencies for our customers. It is something the industry has asked
for and we are determined to deliver.”

Noon added that the agreement also provides for full service and preventive
maintenance of the entire power system. This will be achieved by using Weir’s
market-leading service network combined with MTU’s service capability,
ensuring close proximity to customers.

Dr. Michael Haidinger, Chief Sales Officer of Rolls-Royce Power Systems, said
both companies have a long history of producing and supporting highly reliable
and safe products specifically for use in harsh fracturing environments.

“Together we are taking a completely integrated approach to designing a
pumping power system that addresses the challenges faced by frack site
operators. We’ve brought our best engineering minds together to design a
solution that enhances run times for the engine, transmission and pump,
creating a robust system that will enhance operations. It is a new approach
that offers customers one efficient supplier for such a critical system.”

The market will be updated regularly as development work on the new integrated
power systems progress.

Weir Oil & Gas

Weir Oil & Gas, a division of The Weir Group PLC, is the leading supplier of
pressure pumping equipment to the North American upstream oil and gas market.
The division also provides superior products and service solutions to Oil &
Gas customers in production, transportation, refining and related industries.
Upstream products include pressure pumping equipment & services from SPM, Mesa
and Novatech. Seaboard and Mathena provide pressure control products & rental
services. Downstream products include API 610 pumps & spare parts for refining
and petrochemical industries from Gabbioneta. Engineered mechanical and
rotating equipment repairs & upgrades, oilfield and drilling equipment repair
and certification, spares parts including asset management & field services
are delivered globally by Weir Oil & Gas Services. The Weir Oil & Gas division
is headquartered in Fort Worth, Texas. Find out more at weirinaction.com.

The Weir Group is one of the world’s largest engineering companies employing
more than 15,000 people and operating in 70 countries. It serves oil and gas,
minerals and power end markets. Founded in 1871, Weir has more than 200
manufacturing and service facilities globally. At the heart of the Group’s
strategy is a commitment to innovation, collaboration, value chain excellence
and global capability. Weir’s mission is to be wherever and whenever our
global energy and resource customers need us, delivering innovative products
and services and becoming their trusted partner of choice.

MTU

MTU is a brand of Rolls-Royce Power Systems AG. MTU high-speed engines and
propulsion systems provide power for marine, rail, power generation, oil and
gas, agriculture, mining, construction and industrial, and defense
applications. The portfolio is comprised of diesel engines with up to 10,000
kilowatts (kW) power output, gas engines up to 2,530 kW and gas turbines up to
35,320 kW. MTU also offers customized electronic monitoring and control
systems for its engines and propulsion systems.

Rolls-Royce Power Systems AG, based in Friedrichshafen, Germany, is a
world-leading provider of high- and medium-speed diesel and gas engines, drive
systems, distributed energy systems and fuel injection systems for the most
demanding requirements. Rolls-Royce Power Systems AG previously operated under
the name of Tognum AG. Rolls-Royce plc and Daimler AG each has a 50%
shareholding in the company via a joint venture–Rolls-Royce Power Systems
Holding GmbH. The company, which employs over 11,000 people, has been fully
consolidated in the results of Rolls-Royce plc since January 2013.

Contact:

Weir Oil & Gas
Jackie Herrera Wilkerson, +1-281-847-7270
jackie.wilkerson@weiroilandgas.com
or
Weir Group PLC
Raymond Buchanan, + 44 (0) 141 308 3781
Raymond.Buchanan@Weir.co.uk
or
MTU America Inc.
Gary Mason, +1-248-560-8480
gary.mason@mtu-online.com
 
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