Search results for: ProSep

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  • 25 October 2013

    ProSep Inc. and Produced Water Absorbents, Inc. (“PWA”) announced have entered into an Asset Purchase Agreement (“APA”), pursuant to which PWA will acquire substantially all of the assets of ProSep, including all of the outstanding shares of the Company’s subsidiaries, for an aggregate consideration of $9,200,000 (the “Sale Transaction”). The Sale Transaction is expected to […]

  • 12 October 2011
    Business & Finance, Equipment

    ProSep Inc., dedicated to providing process solutions to the oil and gas industry, today announced it was awarded its first contract for the design and supply of a water injection system. Valued at $2.7 million, this equipment will be installed on a floating production storage and offloading (FPSO) vessel in South East Asia. Delivery is […]

  • 5 July 2011
    Business & Finance, Equipment

    ProSep Inc. dedicated to providing process solutions to the oil and gas industry, today announced it was awarded $1.8 million in new contracts to supply a produced water treatment system for installation on a deepwater Gulf of Mexico facility and crude dehydration equipment for two oil sands facilities located in Alberta, Canada. “The Gulf of […]

  • 29 October 2014
    Business & Finance

    Houston headquartered provider of oil, gas, and water treatment, ProSep, has appointed a new non-executive Board Director. The company says the appointment was made with an aim to spearhead a five year enterprise growth plan. According to ProSep, Patrick McCarthy brings almost four decades of experience to the post as he joins ProSep from NATCO, […]

  • 2 April 2014
    Business & Finance

    Following its acquisition by PWA Inc., the new combined entity, ProSep, is re-launching with a new brand identity and vision. The oil, gas and water process separation specialist is also investing over $2 million in new headquarters and laboratories in Houston, Texas. The company is preparing for significant growth and has secured $13.5 million of […]

  • 5 November 2012
    Project & Tenders

    ProSep Inc., dedicated to providing process solutions to the oil and gas industry, announced that its majority owned South-Korean joint venture ProSep Kolon Company, was awarded two contracts for the supply of a seawater filtration package and mercury removal unit for a total value of approximately $12 million. The customers are South-Korean engineering firms selected […]

  • 19 February 2015
    Equipment

    Houston-headquartered ProSep, the oil, gas and water treatment specialist, has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum and Petroleum Development Oman. The 12 month project, which started in December 2014, will see ProSep work collaboratively with both parties in the Middle East to develop an offshore capable unit for […]

  • 2 April 2013
    Business & Finance

    ProSep Inc., a company dedicated to providing process solutions to the oil and gas industry, today announced it was awarded a contract for the supply of a produced water treatment system valued at approximately $1.3 million, for installation on a floating production storage and offloading (“FPSO”) vessel that will operate in a deep-water field in […]

  • 2 December 2011
    Business & Finance, Equipment

    ProSep Inc. , dedicated to providing process solutions to the oil and gas industry, announced it was awarded a $1.4 million contract to supply M-I Swaco, a Schlumberger Company, with a proprietary CTour® produced water treatment system, for installation on an offshore platform operating on the Norwegian Continental Shelf. The Ctour® has been field tested […]

  • 2 December 2011
    Business & Finance, Equipment

    ProSep Inc., a provider of process solutions to the oil and gas industry, today announced it was awarded a $1.4 million contract to supply M-I Swaco, a Schlumberger Company, with a proprietary CTour® produced water treatment system, for installation on an offshore platform operating on the Norwegian Continental Shelf. The CTour® has been field tested […]

  • 1 November 2012
    Business & Finance, Equipment

    ProSep Inc., dedicated to providing process solutions to the oil and gas industry, today, November 1, announced that its majority owned South-Korean joint venture ProSep Kolon Company Limited (“ProSep Kolon”), was awarded two contracts for the supply of a seawater filtration package and mercury removal unit for a total value of approximately $12 million. The […]

  • 14 February 2011
    Business & Finance, Equipment

      ProSep Inc. dedicated to providing process solutions to the oil and gas industry, announces it was awarded a $5.5 million contract to provide a gas dehydration system to a super major international oil and gas producer operating in the South China Sea. This system will be installed on an offshore field being redeveloped using […]

  • 27 December 2010
    Business & Finance, Equipment

      ProSep Inc., dedicated to providing process solutions to the oil and gas industry, announces it was awarded additional funding to pursue the development of its proprietary gas dehydration technology “ProDry” under a Joint Industry Project (JIP) carried-out with Total, Statoil and ConocoPhillips. The JIP partners together with The Research Council of Norway provided additional […]

  • 5 July 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    ProSep Inc. dedicated to providing process solutions to the oil and gas industry, announced it was awarded $1.8 million in new contracts to supply a produced water treatment system for installation on a deepwater Gulf of Mexico facility and crude dehydration equipment for two oil sands facilities located in Alberta, Canada. “The Gulf of Mexico […]

  • 7 February 2012
    Business & Finance, Equipment

    ProSep Inc, a company that provides process solutions to the oil and gas industry, today announced it was awarded a contract from a repeat customer valued at $4.5 million for the supply of a large fuel gas treatment system for an offshore oil field located in South East Asia. Delivery is expected to occur during […]

  • 18 November 2013
    Equipment

    Produced Water Absorbents, Inc. and its subsidiaries (PWA) have completed a $9.2 million acquisition of the operating assets of oil and gas technology company ProSep Inc. and are launching a combined portfolio of patented solutions to treat oil, natural gas and produced water.   The company will now operate the business units as PWA-ProSep and […]

  • 27 December 2010

    ProSep Inc. , dedicated to providing process solutions to the oil and gas industry, announces it was awarded additional funding to pursue the development of its proprietary gas dehydration technology “ProDry” under a Joint Industry Project (JIP) carried-out with Total, Statoil and ConocoPhillips. The JIP partners together with The Research Council of Norway provided additional […]

  • 30 January 2014

    Houston headquartered oil, gas and water treatment specialist, PWA-ProSep has secured contracts worth $10.5million this year for technologies to be delivered to clients operating in Africa, Norway, Malaysia, South America and the USA. The company, which offers a life-cycle portfolio of patented solutions to the global oil and gas industry received one order worth over […]

  • 30 January 2012
    Business & Finance, Equipment

    ProSep Inc., a Montreal based company, dedicated to providing process solutions to the oil and gas industry, today announced it was awarded a contract valued at approximately $13 million for the design and supply of a seawater treatment and water injection system for installation on a floating production system that will operate in a deepwater […]

  • 17 October 2012
    Equipment

    ProSep Inc. has been awarded contracts for the supply of three ProMix proprietary crude blending systems for a total value of approximately $3 million. These compact systems will be installed on three newbuild offshore platforms commissioned by a Latin American producer operating in the Gulf of Mexico, to efficiently blend light crude into heavy crude, […]

  • 12 March 2012
    Equipment

    ProSep Inc., a Toronto Stock Exchange-listed company that provides process solutions to the oil and gas industry, has secured several contracts from repeat clients. The contracts, worth USD 2.5 million in total, include a bulk oil degasser for an offshore facility in the Gulf of Mexico, membrane supplies for a natural gas treatment system operating […]

  • 17 July 2013
    Business & Finance, Equipment

    ProSep Inc., dedicated to providing process solutions to the oil and gas industry, today announced it was awarded a contract for the supply of a seawater treatment package valued at over $3 million. The equipment will be delivered during the first half of 2014 and installed offshore Malaysia. “Our unique expertise in produced water and […]