The dozen contracts, awarded in the financial year ended July 2009, included a variety of asset management solutions for major petroleum refining, upstream production and chemical plants worldwide, from France and Kuwait to the US and Angola.

John Crane president Paul Cox 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.”