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Soiltech signs a three-year frame agreement with Ithaca Energy (UK) Limited

By 08/08/2022October 6th, 202398 Comments2 min read

Soiltech has entered in to a three-year frame agreeement with Ithaca Energy (UK) Limited for the provision of offshore slop processing services.

Stig H. Christiansen, CEO in Soiltech, comments; “We are very pleased to be selected by Ithaca Energy (UK) Limited to provide offshore slop processing services through this three-year frame agreement. Our solutions will contribute to achieve safer, cost efficient and sustainable drilling operations for the client”.

 Soiltech’s slop treatment system (“STT”) is an on-site mechanical technology which treats water contaminated with oil and particles. The treated oil and water may be reused in the drilling process. The STT reduces our client’s environmental footprint and cost by lowering their CO2 emissions through reduced energy usage, onsite treatment and reuse, and reduced transport of volumes to shore. Soiltech’s technology represent Best Available Technology.

About Soiltech

Soiltech is an innovative cleantech service provider specializing in the treatment, recycling and responsible handling of contaminated water and solid industrial waste streams. Soiltech’s purpose is to contribute to a sustainable future through the development and application of innovative clean technologies and delivery of cost efficient, safe and low emission solutions and services. Soiltech’s waste management delivery includes treating slop, handling drill cuttings, swarf (steel particles) removal as well as tank and pit cleaning. Soiltech designs, build and operate our technologies on our customers sites, and the services are provided in close co-operation with the customers.

Soiltech is headquartered in Norway, has 75 employees, and currently operates in Norway, the UK, the Netherlands and Abu Dhabi.

Soiltech is listed on Euronext NOTC in Norway under the ticker SOIL.

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