STB unveils a new five-year Tourism Development Fund, designed to catalyse the creation of innovative and quality tourism products and experiences, and capability and talent enhancement efforts among tourism-related enterprises.

Lex Ultra High Speed ESP System (LX) utilizes a Permanent Magnet Motor with rotational speeds between 1,000 and 12,000 rpm. Due to its high nameplate operating speed (10,000 rpm), the system has a significantly shorter length for the downhole string (2-3 times less compared against conventional ESP length). The pump has a wider operating range; permanent magnet motors provide high power efficiency (91%), and abrasion resistance (2 g/l) is achieved with hard alloys being applied to the pump along with innovative modular pump design.

Lex Permanent Magnet Motor (LPM) Technology offers an advanced alternative to provide rotational energy for electrical submersible pumps. LPM offer a replacement of AC Induction Motor (AC) by Asynchronous PMM drived with universal VSD.