Skip to main content

28 September 2009

John Crane, a division of Smiths Group, today announces around £25 million in new, long-term aftermarket contracts for the maintenance and support of its worldwide original equipment installations in the energy and process industries.

Awarded in the financial year ending July 2009, the dozen contracts ranged across the globe from France and Kuwait to the US and Angola, and included a variety of asset management solutions to major petroleum refining, upstream production and chemical plants.

Two thirds of John Crane’s revenue is generated by aftermarket services and the latest contracts, in addition to the renewal of existing orders, underline the success of the company’s recent restructuring into one global business with an expanded network of dedicated service centres.

Paul Cox, President, John Crane, said: “These Performance Plus contracts are highly attractive to our customers because they offer lower cost of ownership through greater long-term reliability, availability, safety, and inventory optimisation. The latest wins illustrate the opportunities our robust growth strategy has exploited despite exceptionally competitive conditions in the global oil and gas markets.”

Most contracts run for a five-year period. A large number of existing contracts are now in their second and third terms following successful renewals based on the benefits delivered.

General media enquiries

Contact our global media and communications team at:

Tom Steiner

Tom Steiner

Head of External Communications

+44 (0) 20 7004 1600

Email Arrow right icon

Please note – the press team can only answer enquiries from accredited members of the press.

Related articles

Welder

Annual Results for the year ended 31 July 2025

Find out more Call to action arrow icon
Earth View

Smiths Detection selected as security technology provider to International Airport Heraklion Crete

Read our latest company news as Smiths Detection announces selection to supply a suite of leading security screening solutions to International Airport Heraklion Crete

Find out more Call to action arrow icon
Type 8628VL Mechanical Seal

John Crane unveils game-changing mechanical seal, setting new benchmark for ethane pipeline performance

Read our company news as John Crane has launched a new mechanical seal

Find out more Call to action arrow icon
Sign up for updates Call to action arrow icon