2023-03-13 08:46:21 ET
- Capstone Green Energy ( NASDAQ: CGEN ) announced that its authorized distributor in Alaska, Arctic Energy, received new orders from two leading oil and gas operators.
- The first order is for a C600S microturbine to power a major oil and gas production site in the North Slope of Alaska; second order is for two C65 offshore microturbines for use on offshore platforms in Alaska’s Cook inlet.
- The C600S order is scheduled to be commissioned in the summer of 2023, while the C65s will be commissioned in the fall.
- The microturbines will be deployed as part of the initial phase of the development project with the potential for future orders; posy deployment, the oilfield is expected to significantly boost oil flow in the trans-Alaska pipeline, which has fallen about 75% from its peak in the late 1980s.
For further details see:
Capstone Green Energy's distributor Arctic Energy nabs new orders from oil & gas operators