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2024-09-19 14:45:54
Soiltech ASA (OSE: STECH)
Sandnes, Norway, 19 September 2024
Soiltech has won a contract to treat contaminated fluid from pipe cleaning in
connection with periodical maintenance on ExxonMobile's Fawley refinery in the
UK. This is a new technology contract for Soiltech. Startup is expected to be in
the fourth quarter of 2024.
The scope of work includes the removal of unwanted residues from the fluid and
the recovery of water for reuse in the washing process. The recovered oil is
sent back to the refinery. Soiltech is using its proprietary Slop Treatment
Technology (STT) to perform the work.
The project is carried out in cooperation with Pipetech International AS.
Glenn Åsland, Chief Operating Officer in Soiltech, comments: "This exciting
project at Fawley is a new way of applying our technologies. It offers
environmental benefits for the client in terms of waste reduction and reuse of
the cleaned water. The service could have a great potential for Soiltech."
About Soiltech
Soiltech is an innovative technology company specializing in the treatment,
recycling and sustainable handling of contaminated water and solid waste at
site. Our technologies enable cost savings and lower CO2 emissions through waste
reduction, waste recovery and reuse.
Soiltech operates world-wide and is headquartered in Norway.
For more information, contact:
Tove Vestlie, CFO
Telephone: (+47) 90 69 06 48
Jan Erik Tveteraas, CEO
Telephone: (+47) 95 21 49 25