Flenco Fluid System

What Flenco Fluid System does

Flenco Fluid System S.r.l. is a privately held Italian engineering and manufacturing company, founded in 1988 and headquartered in Avigliana (Turin), that designs, produces, and tests auxiliary systems and Balance of Plant (BOP) process packages for rotating machines — turbines, compressors, pumps, and generators — serving the global Oil & Gas, Power Generation, and Petrochemical markets. The technical portfolio spans stator winding cooling systems, hydrogen cooling systems, gas dryers, gas seal panels, lube/seal/hydraulic oil systems, water injection and washing systems, accumulator and air systems, integrated packages, and full packaging (mechanical, electrical, instrumentation, and controls), complemented by containerized turn-key skids, pig launchers/receivers, skid-mounted pumping systems, hot water packages, filtering and gas metering/pressure-regulating skids, performance heater skids, gas separation packages, and fuel gas conditioning skids. Manufacturing is performed at three ISO 9001:2015, ISO 14001, ISO 45001, and PED-certified wholly-owned plants in Italy (Trino Vercellese), Slovenia (Ptuj, >8,000 sqm), and China (Ningbo, >10,000 sqm), with engineering and process offices in Avigliana, Calenzano (Florence), and Rome.

The company's commercial model is enterprise, project-based B2B sales: Flenco is a designated "preferred partner" to major turbomachinery OEMs (GE, Baker Hughes/Nuovo Pignone, Siemens/Dresser-Rand, Alstom, Doosan Skoda Power, Burckhardt Compression) and supplies auxiliary systems directly to EPC contractors and project developers. Pricing is project-specific and quote-driven rather than published, with revenue mechanics tied to one-time custom equipment sales plus an aftermarket layer of spare parts, revamping/retrofit, and 24/7 field service. Customer logos include Novatek (Arctic LNG 2, Yamal LNG), GE Power projects (Alba 1,792 MW in Bahrain, Agios Nikolaos 826 MW in Greece, Bhikki 1.1 GW in Pakistan, Amandi 192 MW in Ghana, Chiahui in Taiwan, CEL II in Cambodia), Baker Hughes (Arctic LNG 2), Siemens/Dresser-Rand (Al Dabb'iya Phase III, NKNK 495 MW, Sleipner B), Alstom (Al-Anbar 1,642 MW Iraq), Doosan (Kelar Chile, Atacama CSP), Burckhardt (FSRU and LNG carriers), and Tengiz Future Growth Project in Kazakhstan. Group governance sits under Ilmed Servizi S.r.l., the Italian holding that coordinates the company pursuant to Art. 2497 of the Italian Civil Code.

Name

Flenco Fluid System

Legal name

Flenco Fluid System S.r.l.

Website

https://flenco.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Short description

Flenco Fluid System is a privately held Italian engineering and manufacturing company that designs, builds, and tests auxiliary systems and Balance of Plant process packages for turbines, compressors, and generators, supplying OEMs and EPC contractors across the global Oil & Gas, Power Generation, and Petrochemical markets.

Ownership category

akta.pro rank

Product category

Industrial Fluid Systems & Turbomachinery Auxiliary Equipment

NAICS

Pump and Compressor Manufacturing (33391), Air and Gas Compressor Manufacturing (333912)

SIC

Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

akta.pro secondary industries

Process Gas & High-Pressure Compressors (IMAHANAF), Filtration, Condition Monitoring & Fluid Management (Filters, Breathers, Oil Analysis, Cooling) (IMAHAGAL), Controls, Monitoring & Condition Management (for Pumps/Compressors) (IMAHANAI)

Keywords

• Industrial fluid systems
• Turbomachinery auxiliary equipment
• Balance of plant packages
• Oil and gas equipment
• Power generation systems

Headquarters

HQ city

Avigliana

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom Auxiliary Systems and Packages: Design, manufacture, and supply of custom fluid systems and auxiliary packages for turbines, compressors, and power generation equipment. Revenue is generated through project-based orders from EPC contractors and OEM partners in the energy sector.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Flenco Fluid System designs, develops, manufactures, and tests auxiliary systems and process packages for rotating machines (turbines, compressors, generators) used in the Energy, Oil & Gas, Power Generation, and Petrochemical markets. Its product portfolio spans auxiliary systems (stator winding cooling, gas dryers, lube oil systems, hydrogen cooling, gas seal panels, water injection/washing, and full packaging) and Balance of Plant process packages (containerized turn-key solutions, skid-mounted pumping, filtering, gas metering, heating, and separation skids), supported by 24/7 aftermarket services.

Product overview

Flenco Fluid System is a privately owned Italian company supplying auxiliary systems and process packages to the Energy, Oil & Gas, Power Generation and Petrochemical markets worldwide. The product portfolio consists of two main categories: Auxiliary Systems & Packages (including stator winding cooling systems, gas dryers, accumulator skids, air systems, water injection systems, water washing systems, hydrogen cooling systems, gas seal panels, cooling water systems, full packaging, integrated systems, and lube oil systems) and Process Packages for Balance of Plants (BOP) (including containerized turn-key solutions, pig launchers and receivers, skid mounted pumping systems, hot water packages, filtering skids, gas metering & pressure regulating skids, performance heater skids, gas separation packages, and fuel gas & gas conditioning skids). The company also provides comprehensive after-sales services including spare parts, revamping/retrofit, and 24/7 technical support. With manufacturing facilities in Italy, Slovenia, and China, Flenco has completed over 6000 installations worldwide since 1988.

Differentiator

Problem solved

Functional benefit

Products and services

• Stator Winding Cooling Systems Cooling system that provides oxygen-free water through a sealed, hydrogen-overpressurized closed circuit through hollow conductors in stator winding bars, preventing corrosion in hydrogen-cooled generators.
• Gas Dryers Hydrogen gas dryer system for hydrogen-cooled generators that removes water from hydrogen to preserve its cooling properties; available in desiccant and refrigerated configurations.
• Accumulator Skids Skids that prevent low system pressure trips during transient events and provide temporary additional flow when required for turbomachinery auxiliary circuits.
• Air Systems Compressed air systems that produce and distribute plant air, instrument air, and control air for valves and utilities across an industrial plant.
• Water Injection Systems For non-Dry Low Emissions turbines without NOx abatement, injects demineralized water into the combustor via fuel nozzles to regulate flame temperature and lower NOx emissions.
• Water Washing Systems Turbine water wash systems operating online (during turbine run) and offline (during turbine stop) modes, delivering specified water and detergent flow to nozzles to maintain efficiency for onshore and offshore turbines.
• Hydrogen Cooling Systems Gas cooling systems that fill generators with hydrogen, maintain pressure, check gas purity, and evacuate it, including CO2 expulsion procedure before hydrogen filling to prevent explosive gas mixtures.
• Gas Seal Panels Designed per ISO 10438:2008 Part 4 and API 614 Fifth Edition Chapter 4 to supply seal and buffer gas to shaft seals, including filters, controls, piping/tubing, and instruments across a wide array of flows, pressures, and material grades.
• Cooling Water Systems Coolant skids that pump cooling water to compressor cylinders, removing heat generated during compression to prevent gas and compressor parts from reaching excessively high temperatures.
• Full Packaging Complete assembly of compressor train on base frames including mechanical (piping and structures), electrical, instrumentation, and controls, with complete testing capability and modular design to reduce field installation and transportation costs.
• Integrated Systems Integrated systems for lubrication, start-up, gas, and fuel treatment, including filtration, pumping, injection, and controls.
• Lube Oil Systems Lube oil, seal oil, hydraulic oil, and control oil systems for turbines, compressors, pumps, gears, and generators designed per API 614/ISO 10438 or other standards, optionally including overhead tanks.
• Containerized Turn-Key Solutions Plug-and-play process packages fitted into ISO containers with modular design that reduces transportation costs and facilitates use in remote areas, requiring only minimal piping and electrical connections for field assembly.
• Pig Launchers and Receivers Pipeline maintenance equipment that performs cleaning and inspection without stopping product flow, using pigs or scrapers pushed from launcher along the pipe to receiving trap to remove deposits or separate fluids.
• Skid Mounted Pumping Systems Pumping skids that deliver fluids into storage tanks or mobile tankers, or pump from tank to burner or into flowline, with pump technology selection based on fluid characteristics and application.
• Hot Water Packages Packages that heat water contained in boilers through an electric heater and transfer it to utilities, designed to different international standards and using steam or boiler water as energy source with high recovery rates.
• Filtering Skids Skids that treat natural gas and other combustible fluids before injection into critical processes by removing solid contaminants from the fluid.
• Gas Metering & Pressure Regulating Skids Skids designed to measure gas or liquid flowrate, with optional additional treatments including pressure-reduction and flow control.
• Performance Heater Skids Skids that heat oil, fuels, or gases using steam, hot water, or electricity as the heating source.
• Gas Separation Packages Gas separation packages with vane pack or cyclone separators at high efficiency, suitable for installation upstream of gas turbines or turbo-compressors.
• Fuel Gas & Gas Conditioning Skids Skids that treat natural gas and other combustible gases before injection into critical processes, removing moisture and solid contaminants and regulating gas temperature to injection requirements.
• Spare Parts Supply Technical definition and sourcing of capital parts, commissioning spare parts (supplied with the main system), repairable parts, and consumable parts for installed auxiliary systems.
• Revamping and Retrofit Upgrades of existing auxiliary systems to improve performance, save maintenance costs, comply with new regulations, and minimize environmental impacts.
• Field Services Field installation assistance, commissioning, testing, calibration, training, technical advisory, troubleshooting, and repair services with engineering team available 24/7.

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

15 partnerships are on record, tiered core.

• Baker Hughes (BHGE/Nuovo Pignone)coreStrategic or Co-development PartnerFlenco selected as preferred partner by Baker Hughes to supply auxiliary systems for the Arctic LNG 2 project. Flenco supplies auxiliary systems as part of Baker Hughes' gas turbine compressor and generator packages for LNG liquefaction trains.
• GE Oil & GascoreStrategic or Co-development PartnerPreferred partner supplying auxiliary systems for multiple projects including Angarsk Refinery and Curtis Island LNG Project. Long-standing relationship with GE Oil & Gas for auxiliary system supply across global projects.
• GE EnergycoreStrategic or Co-development PartnerSelected as preferred partner by GE Energy to supply auxiliary systems for power generation projects including Amandi power plant in Ghana.
• AlstomcoreStrategic or Co-development PartnerPreferred partner supplying auxiliary systems for Alstom power generation equipment including Al-Anbar combined-cycle power plant in Iraq (1,642 MW).
• Dresser-Rand (Siemens Business)coreStrategic or Co-development PartnerSelected as preferred partner by Dresser-Rand (now Siemens) to supply auxiliary systems for projects including Al Dabb'iya Phase III and Sleipner B Platform.
• Doosan Skoda PowercoreStrategic or Co-development PartnerPreferred partner supplying auxiliary systems for Doosan Skoda Power projects including Kelar combined-cycle power plant in Chile and Atacama CSP plants.
• Burckhardt CompressioncoreStrategic or Co-development PartnerSelected as preferred partner by Burckhardt Compression to supply auxiliary systems for FSRU projects and LNG carriers.
• Ilmed Servizi S.r.l. (Parent Company)coreOthersFlenco Fluid System Srl is subject to coordination activities of parent company Ilmed Servizi S.r.l. pursuant to Art. 2497 of the Italian Civil Code.
• GE Global Parts and Products GmbHcoreStrategic or Co-development PartnerSelected as preferred partner by GE Global Parts and Products GmbH to supply auxiliary systems for Agios Nikolaos power plant in Greece.
• GE Power AGcoreStrategic or Co-development PartnerSelected as preferred partner by GE Power AG to supply auxiliary systems for CEL II Sihanoukville power plant in Cambodia.
• GE Oil & Gas and GE EnergycoreStrategic or Co-development PartnerSelected as preferred partner to supply auxiliary systems for Ichthys LNG Project in Australia, one of the world's largest LNG developments.
• Siemens AGcoreStrategic or Co-development PartnerSelected as preferred partner by Siemens AG to supply auxiliary systems for NKNK combined cycle power plant in Tatarstan, Russia (495 MW).
• GE Energy and GE Oil & GascoreStrategic or Co-development PartnerSelected as preferred partner to supply auxiliary systems for Tengiz Future Growth Project, a major oil production expansion in Kazakhstan.
• General Electric (Switzerland) GmbHcoreStrategic or Co-development PartnerSelected as preferred partner to supply auxiliary systems for Chiahui power plant expansion in Taiwan using GE HA gas turbines.
• GE Oil & Gas and Dresser-RandcoreStrategic or Co-development PartnerSelected as preferred partner to supply auxiliary systems for Cessao Onerosa FPSO project in Brazil's Santos Basin pre-salt fields.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sulzer: Swiss industrial group providing pumps, rotating equipment services and process packages for oil & gas, power and petrochemicals. Overlaps Flenco in pump skid manufacturing and aftermarket services.
• Burckhardt Compression: Swiss manufacturer of reciprocating compressors and supplier of compressor auxiliary systems. Both a Flenco customer and a peer in the auxiliary-systems value chain for LNG carriers and FSRUs.
• Graham Corporation: U.S.-based specialist in auxiliary systems for turbomachinery (lube oil, gas sealing, cooling) serving refineries, petrochemical and power generation customers. Closest publicly listed comparable to Flenco in both product scope and end-market.
• Elliott Group: Designs and manufactures turbomachinery plus auxiliary equipment (lube oil consoles, seal systems, control panels) for oil & gas and process industries. Directly comparable to Flenco's auxiliary-system scope.
• Howden (Chart Industries): Supplies rotating equipment and compressor auxiliaries (cooling, sealing, lubrication) to power generation, oil & gas and industrial customers globally. Direct competitor to Flenco in process packages and BOP equipment.
• Hamon: Belgian engineering group specializing in cooling systems and heat exchangers for power plants and process industries. Closely comparable to Flenco's hydrogen cooling, stator cooling and cooling water system products.

Broad incumbents

• SPX Technologies: U.S. industrial company with heat transfer, cooling and detection segments serving power generation and oil & gas. Adjacent to Flenco in cooling systems and process packages for energy markets.
• Siemens Energy: Owns Dresser-Rand (compressor trains) and supplies gas/steam turbines for which Flenco provides auxiliary systems. Both a customer relationship and a broad incumbent that could insource Flenco's scope.
• Atlas Copco: Large Swedish industrial group with a compressor solutions division that overlaps Flenco's air systems, gas compression packages and aftermarket service capability, though Atlas Copco operates across a much broader product portfolio.

Emerging players

• MTI Instruments / Sterling Energy: Smaller specialist in rotating equipment monitoring and auxiliary systems. Emerging competitor in selected niches of Flenco's condition monitoring and integrated system offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flenco Fluid System