Signal Power Group, Eco2Power & Sapphire Gas Solutions Sign Agreement To Offer Virtual Gas Pipeline For Argentina
Rob Marchitello, SPG’s Chief Executive Officer stated, “We have watched Sam Thigpen and his team at Sapphire develop their business over the last several years to become one of the premier providers of this very important technical service for the industry’s decarbonization. Sapphire’s unrelenting commitment to customer service and their deployment of the latest and most efficient technology has really been impressive. We look forward to working closely with them to support our customers across the globe.”
Sam Thigpen, Chief Executive Officer of Sapphire, expressed his enthusiasm about the new partnership with the SPG and E2P teams: “We are thrilled to collaborate with SPG and E2P. Their commitment to delivering equipment worldwide that operates on CNG, LNG, and RNG—100% natural gas—makes them an ideal partner for Sapphire. As they bring hundreds of natural gas-powered pressure pumping units, generators, and compressors online, we are committed to providing them with clean and affordable fuel to reduce costs and emissions. We look forward to leveraging our expertise, technology, and experience to support SPG and E2P in serving their international markets.”
Carlos Fernandez, President & CEO of E2P, stated “Argentina’s energy matrix started to include a significant percentage of natural gas forty years ago for homes, industrial and CNG for vehicles. The availability of the Vaca Muerta natural gas resources, which is now estimated at over 300 TCF, and the ongoing energy transition have boosted this trend and, in this context, we believe the technologies developed by Sapphire and its service offerings will cover a critical need in Argentina. We see similar needs in other parts of the world where our customers desire to expand the use of SPG’s solutions but are concerned about a safe and secure supply of natural gas. We are very excited about integrating our local expertise with Sapphire’s premier solutions.”
Jon Christopher Boswell, Chief Commercial Officer of SPG, stated "As the Vaca Muerta formation continues to increase production, we believe the technologies developed by SPG, E2P & Sapphire will assist in the energy transition to cover critical needs in Argentina.”
https://lnkd.in/dV-WcJX2