18 Feb 2013 07:00
February 18th 2013
"Nature Oil & Gas signs significant contract with oil field services company IKM Gruppen from Norway"
Nature Group PLC (AIM: NGR), the leading maritime and offshore waste specialist is delighted to announce a major step forward by its Norwegian subsidiary, Nature Oil and Gas AS ("Nature Oil & Gas"), who have been awarded a contract by IKM Gruppen AS ("IKM") for its Compact Treatment Unit ("CTU") and associated waste treatment chemicals.
IKM have ordered two CTU's to support their operations for the major oil field operators in Norway. Operators are shifting from the traditional onshore treatment of drilling waste fluids towards offshore treatment in order to protect the environment and reduce cost. As market leader in offshore treatment solutions, Nature is very pleased that a respected player like IKM is choosing its CTU and portfolio of green treatment chemicals.
Nature's unique CTU will clean the wastewater to meet very strict Norwegian discharge criteria, with the target water to be discharged as low as
IKM Gruppen CEO Ståle Kyllingstad and Nature Oil & Gas CEO Stig Feyling are looking forward to a long and fruitful cooperation in which both companies can really add value.
Stig Feyling comments "I am very satisfied with this contract to support IKM's push into this market segment. The paradigm for waste treatment in the Oil & Gas Industry is changing rapidly and a player like IKM choosing Nature proves that we are offering the dominant technology in the market".
About Nature Group:
A company with more than 25 years' experience in waste water treatment and a unique corporate social responsibility (CSR) strategy that enables us to be truly a part of Nature and responding to the ever expanding and demanding legislative framework.
Nature Group combines port reception services and facilities, offshore treatment services and the latest sustainable waste treatment technologies in a steadily growing global network. Nature Group is traded on the AIM market, (ticker: NGR). www.ngrp.com
For enquiries please contact:
Nature Group: Andreas Drenthen (CEO)
Telephone: : +31 181 291 144
E -mail: andreas.drenthen@ngrp.com
Nature Oil and Gas: Stig Feyling (CEO)
Telephone: +47 917 571 31
E-mail: stig.feyling@ngrp.com
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