Oil Dynamics secures two artificial lift contracts in Romania

February 20, 2024

(WO) – Earlier this year, Romania's largest oil and gas company and Oil Dynamics GmbH signed two additional five-year supply and service contracts for over 180 Electric Submersible Pumps (ESP) to Romania. Along with complete standard and slim-line pumps (ESP), the contract includes the supply of Variable Frequency Drives (VFD) as well as transformers, sensors, cables and other accessories.

The two new contracts follow an earlier agreement signed in 2023 for the supply of over 50 Electric Submersible Progressive Cavity Pump (ESPCP) systems for the same customer. In the meantime, several ESPs have been delivered, installed, and are in productive operation.

Oil Dynamics GmbH is a German artificial lift specialist, founded by a group of experienced professionals with extensive, background in the oil and pump industries. Its new GEO DYNAMICS division takes care of requests from the geothermal, water, spa and lithium sectors.

Service is provided from the company’s new branch in the Bucharest area: Oil Dynamics Service S.R.L. Fully equipped and stocked, it serves as base for the experienced local field service teams and pump shop. The Romanian subsidiary receives engineering support from the headquarters in Heidelberg, Germany, while technical assistance is supplied by the Testing and Logistics Center in Hockenheim, Germany. 


Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.