2003 Annual Report - Enerflex

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Centurion Petroleum ProjectCenturion Petroleum Corporation, EgyptDesigned and quarterbacked by the Pressondivision, the Centurion Petroleum project inEgypt’s Nile delta region just south of theMediterranean Sea, brought together theservices of Enerflex divisions Presson, EFXCompression, Syntech and Pamco, to build agas processing plant in two phases over aperiod of just 22 weeks. The plant wasdesigned to manifold 40 million standardcubic feet per day of natural gas, atapproximately 1200 psig (pounds per squareinch gauge) from the wells to separationunits. Compression, dehydration and sitemetering were also required before sendingthe gas offsite to the pipeline.Enerflex 2003 Annual Report28
By working together, the Enerflex group ofcompanies is able to offer our clientscompletely integrated solutions to fit theiroil and gas production needs.Compression-Dehydration Facility• Presson was responsible for coordinating the design of the site plot plan, pipe racks andinterconnecting piping and equipment foundation design.• In the first phase, Presson designed and supervised installation of all of the necessary equipment fortreatment of the gas to meet sales requirements.• Presson fabricated and supplied all process vessels, piping and valves.• All components for the plant were built as individual packages that could be connected when deliveredto the plant site.• The compressor package was designed by EFX Compression in Calgary. It consists of an Ariel modelJGK/4 reciprocating compressor driven by a Waukesha L7042GSI turbocharged, 12 cylinder natural gasfueledengine, delivering 1,478 horsepower. The components are mounted on a single-piece steel skidand controlled by a model RC2000 control system. The skid-mounted control system was designedand supplied by our Syntech division.• The Syntech division supplied a fully furnished, multi-room modular trailer housing a motor controlcenter, automatic power transfer switch, uninterruptible power supply (UPS) system, programmablelogic controller (PLC) system, and two computer workstations for human-machine interface.• A high pressure vent stack with integral knockout drum utilizing a water seal and manual CO 2 snuffingsystem was fabricated by the Mactronic division at its facility in Red Deer, Alberta.Enerflex 2003 Annual Report33
Page 1 and 2: 2003 Annual Report14 Divisions.1900
Page 4: The Gen III A Series Gas Compressor
Page 7 and 8: divisionsat a glanceStructurally, E
Page 9 and 10: Today’s oil and gas producers are
Page 11 and 12: financialhighlightsMichiel SapServi
Page 13 and 14: People!Talented people.Skilled peop
Page 15 and 16: Enerflex is not just about numbers
Page 17 and 18: Enerflex operates in a very competi
Page 19 and 20: Enerflex Systems Ltd. is a leading
Page 21 and 22: Operating StructureEnerflex has six
Page 23 and 24: POWERThe Power operating unit desig
Page 25 and 26: Gas Drive Systems will continue to
Page 27 and 28: • Syntech’s Northwest region in
Page 29: Today’s oil and gas producers are
Page 33 and 34: 2930
Page 35 and 36: Management’sDiscussion &AnalysisD
Page 37 and 38: 2003 revenue$515.5 million2002 reve
Page 39 and 40: In the last half of 2003, both indu
Page 41 and 42: Compression Services (formerly know
Page 43 and 44: maintaining a branch infrastructure
Page 45 and 46: LeasingOur Leasing business segment
Page 47 and 48: In the first half of 2002 the Compa
Page 49 and 50: Enerflex is a market leader in Cana
Page 51 and 52: InternationalInternationally, we fa
Page 53 and 54: management’s responsibilityfor fi
Page 55 and 56: consolidated balance sheetsDecember
Page 57 and 58: consolidated statements of cash flo
Page 59 and 60: Income Taxes - The Company uses the
Page 61 and 62: Note 5. PROPERTY, PLANT AND EQUIPME
Page 63 and 64: Note 9. RECONCILIATIONS OF NET INCO
Page 65 and 66: Note 12. GUARANTEES, COMMITMENTS AN
Page 67 and 68: Fair Values of Financial Assets and
Page 69 and 70: TEN-YEAR HISTORICAL REVIEW($ millio
Page 71 and 72: corporate directoryDirectors and Of
Page 73 and 74: EnerflexTom ThulShop SupervisorComp

2003 Annual Report - Enerflex

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