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Soiltech awarded expanded scope on Deepsea Yantai

By 15/09/2026No Comments1 min read

Soiltech ASA (OSE: STECH)
Sandnes, Norway, 15 September 2026

Soiltech’s scope on Deepsea Yantai under a contract with DNO and Elemental Energies in Norway has been expanded to include Soiltech’s SmartTransfer™ technology, with effect from fourth quarter 2026.The additional scope constitutes a large contract¹ for Soiltech and covers solid waste management services on the rig and the transfer of drill cuttings to shore by PSV.

“We appreciate the continued trust our customer has placed in us. Our priority is to deliver safe, efficient and reliable operations, while creating value through high-quality services. We look forward to continuing the strong collaboration throughout the contract period,”says Erik Bjøndal-Røvde, Soiltech’s COO.

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.

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

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