Wins major contract in Nigeria

Profil_5

Total and Samsung Heavy Industries awarded the deoxygenation system contract to the world’s largest Floating Production Storage Offloading (FPSO) to Minox Technology.

The FPSO is to be operated by Total at the Egina oil field, in the Gulf of Guinea, offshore Nigeria. A Letter of Award (LOA) was signed on July 17th with an estimated contract value NOK 150 to 180 million.

Minox Technology will by early 2016 deliver two compact deaeration (oxygen removal) units, each with a capacity to process 251,000 barrels of water per day down to 20 ppb of oxygen content – without the use of chemicals – making this a unique and green technology.

– This contract clearly demonstrates that Total and Samsung have great confidence in our compact and environmentally friendly water purification technology. Minox is unique in this respect, and our products have competitive advantages that prove positive, both from an environmental perspective as well as capex and opex savings for our clients. There is a lot of activity on water injection for deep-water projects in West Africa, so we will increase focus in this region, says Minox’ CEO, Bjørn Einar Brath. – This engagement increases both our employment workload as well as our global growth plans.

Minox Technology has this year delivered two large units for Exxon Mobil to the Hebron field, offshore Newfoundland, where an extreme environment puts great demands on product compactness and quality. Minox is currently also initiating operation on a water deaeration unit for Total Clov FPSO, offshore Angola.

For more information, please contact:
Bjørn Einar Brath, CEO
Minox Technology: +47 22 06 49 04 or cell phone: +47 915 56 210.
E-mail: ber@minox.no

Published: 2014.08.19