PTC Receives First Order for Gas Lift Valves from a Major Operator in Qatar

PTC has received the first order for gas lift valves from a major operator in Qatar. PTC was awarded the gas lift valve scope of work via one of the major service companies in early 2020. This award testifies as to the operating companies focus on improving well barrier integrity and gas lift reliability. This award represents PTC’s second major award for the delivery of gas lift valves to a Middle East operator within the last 8 months.