Soiltech ASA (OSE: STECH)
Sandnes, Norway, 22 December 2025
Soiltech ASA has been awarded a contract with TotalEnergies EP Norge AS for fluid treatment, onshore waste handling and associated services on the jack-up drilling rig West Elara on the Norwegian Continental Shelf. The contract is scheduled to commence in the first quarter of 2026, with an estimated duration of four to five months. The contract is estimated to be a sizable contract¹ for Soiltech.
“We appreciate the confidence TotalEnergies has shown in us,” says Erik Bjøndal-Røvde, VP Operations at Soiltech. “Our STT™ fluid treatment technology enables efficient, cost-effective and environmentally responsible operations, tailored to our customer’s specific requirements.”
About Soiltech
Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste on 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.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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1. Contract sizes
A sizable contract has an estimated value of MNOK 5 – 10
A substantial contract has an estimated value of MNOK 10 – 20
A large contract has an estimated value above MNOK 20
Contact:
Tove Vestlie, CFO Telephone: (+47) 90 69 06 48, email: IR@soiltech.no
Jan Erik Tveteraas, CEO Telephone: (+47) 95 21 49 25
West Elara. Foto: Seadrill