Forum Energy Technologies: Providing Multidimensional Services and Competitive Solutions
Forum’s products and services are designed for underwater reservoirs, refineries, seafloor, and above-ground transportation line. The company engages in aftermarket services such as parts supply and related areas that complement its product offering. Forum’s products and services are targeted at drilling rig equipment for new rigs, upgrades, and refurbishment projects. They play a key role in projects such as subsea construction and development, production equipment implementation, and other downstream projects.
Forum operates in three service segments—drilling and subsea, completions, and production and infrastructure. To offer reliable drilling services, the company manufactures drilling products, instrumentation, manifolds, pumps, and valves. The company remotely handles rugged vehicles that are used by the subsea industry for trenching, electronic observation, hydraulic work, and submarine rescue.
Forum is a strong company with tremendous talent and significant upside potential. We will be working very hard to drive superior execution, improve margins and generate free cash flow. There is a wealth of untapped value within Forum and I am excited to get to work
It offers a full range of well construction and completion services to ensure efficient and safe operations at well sites throughout the construction process. Forum seeks to design reliable products and services that create value for their diverse customer base of oil and gas operators, land and offshore drilling contractors, oilfield service companies, subsea construction and service companies, and pipeline and refinery operators. As part of their commitment and values, Forum has developed solutions focused on reliability and performance. Their cutting edge digital technology offerings help companies beat the competition. These technologies aid clients in achieving increased visibility across their operations, and taking effective measures to service the equipment and reduce downtime.
From well to refinery gates, Forum delivers the essential technologies and the expertise to overcome the production challenges. The company is expanding its operations geographically to help clients address the latest predicaments. Having collaboration with numerous legacy brands already, Forum is growing further through acquisitions. It delivers products that are augmented with customized manufacturing and support services for labor, materials, documentation, and transportation. Today, Forum Energy Technologies is going places and growing faster in the oil and gas technology solutions provider arena.