Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNature Group Regulatory News (NGR)

  • There is currently no data for NGR

Contract

18 Mar 2013 07:00

RNS Number : 1859A
Nature Group PLC
18 March 2013
 



 

March 18th 2013

 

Nature Group PLC

 

"Nature Oil & Gas receives two orders for its Compact Treatment Units"

 

 

Nature Group PLC (AIM: NGR), the leading maritime and offshore oil and gas waste treatment specialist is pleased to announce two further orders for its Compact Treatment Units.

 

Nature has been contracted for 1 year by North Atlantic Drilling AS ("Seadrill") to support the processing of liquid waste generated on its West-Hercules drilling rig in the Barents Sea and by Ocean Rig in Brazil to support the processing of liquid waste generated on its Corcovado drill ship, drilling for Petrobras. The initial contract is for treating the current appr. 1.000M3 of collected waste on the Corcovado rig with an option for Ocean Rig to enter into a further contract for up to three years dependent on success.

 

The West-Hercules is a semi-submersible drilling rig and is used for ultra-deep water drilling and harsh environment operations. In the very ecologically sensitive Barents Sea region it is under contract by Statoil AS with a multiple year contract. In addition to its "Compact Treatment Unit" (CTU) for on-site waste water treatment, a "Sludge Treatment Unit" (STU) for drilling mud treatment will be included in the rental contract to enable zero hydrocarbon discharge criteria to be met.

 

The Corcovado is a modern drill ship used for ultra-deep water drilling and Nature will work together on this project with its local partner, Alliance Ambiental Ltda from Rio de Janeiro.

 

For each contract Nature will rent out its "Compact Treatment Unit" (CTU) for on-site waste water treatment, in combination with its operators and its set of environmental friendly treatment chemicals. Nature's technology will clean the waste water to meet the local discharge criteria, with target water to be discharged as low as

 

Stig Feyling, the CEO of Nature Oil and Gas, comments "I am very satisfied that our environmental technology can prove itself in the Barents Sea and especially in such a high impact project: It's good to see our loyal customer Seadrill, again award us a contract. We are confident this will demonstrate our offshore waste processing capabilities. In relation to the Ocean Rig contract in Brazil, I am very happy that we have achieved a breakthrough into one of the world's most promising Oil & Gas markets. Together with Alliance Ambiental we have been marketing our solution very strongly during the last year and we see a promising future. Ricardo Rezende, the CEO of Alliance Ambiental, comments " There is a big need for environmental technology that can support the growth of the Brazilian offshore Oil & Gas operations, Nature's offshore waste processing concept can play a very big future role in that"".

 

 

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 further information contact:

 

Nature Group:

Andreas Drenthen, CEO Tel 0031 1812 911 44

andreas.drenthen@ngrp.com

 

 

Nature Oil and Gas:

Stig Feyling (CEO) Tel 0047 917 571 31

stig.feyling@ngrp.com 

 

 

WH Ireland:

James Joyce / Nick Field, Nominated Tel 0044 207 220 1666

Adviser

 

Seb Wykeham / Ruari McGirr, Broking Tel 0044 207 220 1666

 

 

 

 Hermes Financial PR:

 Chris Steele Tel 0044 7979 604 687

 Trevor Phillips Tel 0044 7889 153 628

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTLLFFAVIIDLIV
Date   Source Headline
14th May 20137:00 amRNSFinal Results
17th Apr 20137:00 amRNSNotice of Results
9th Apr 201310:26 amRNSHolding(s) in Company
18th Mar 20137:00 amRNSContract
18th Feb 20137:00 amRNSContract
17th Jan 20137:00 amRNSRe Contract
10th Dec 20127:00 amRNSTrading Update
13th Nov 201211:29 amRNSDirectorate Change
24th Sep 20127:00 amRNSHalf Yearly Report
20th Jul 20123:39 pmRNSDirector/PDMR Shareholding
19th Jul 20122:41 pmRNSDirector/PDMR Shareholding
12th Jul 20124:32 pmRNSResult of AGM
5th Jul 20124:56 pmRNSDirector/PDMR Shareholding
4th Jul 20124:53 pmRNSDirectors' Dealings
29th Jun 20124:56 pmRNSDirector/PDMR Shareholding
21st Jun 201210:00 amRNSNotice of AGM
21st Jun 20127:00 amRNSRe Joint Venture
6th Jun 20127:00 amRNSFinal Results
6th Jun 20127:00 amRNSNature Group establishes Joint Venture in Panama
21st May 20122:32 pmRNSNotice of Results
1st May 20127:00 amRNSIssue of Equity
18th Apr 20123:10 pmRNSStmnt re Share Price Movement
13th Feb 20127:00 amRNSNature Group to Present at FPSO Conference
30th Jan 201212:28 pmRNSTrading Statement - Replacement
30th Jan 20127:00 amRNSTrading Statement
9th Jan 20127:55 amRNSChange of Adviser
20th Dec 201112:58 pmRNSHolding(s) in Company
19th Dec 20114:16 pmRNSNature Group Plc Expands Seagoing Waste Collection
26th Oct 20113:25 pmRNSIssue of Equity
22nd Sep 20117:02 amRNSDirectorate Change
22nd Sep 20117:00 amRNSHalf Yearly Report
31st Aug 20117:00 amRNSMajor Offshore Contract in Brazil
18th Jul 20117:00 amRNSGibraltar Facility Update
14th Jul 20113:58 pmRNSResult of AGM
7th Jul 20117:00 amRNSNature Oil & Gas wins offshore service contract
22nd Jun 20117:00 amRNSUpdate on progress at the Gibraltar Port Facility
10th Jun 201112:22 pmRNSRevised AGM date and Dividend Timetable
10th Jun 201111:31 amRNSIssue of Equity - Corrective announcement
8th Jun 20117:00 amRNSExercise of Options and Issue of Equity
2nd Jun 20114:02 pmRNSNew Web Site
2nd Jun 20112:06 pmRNSFurther Update on Industrial Accident
2nd Jun 201112:01 pmRNSDividend Timetable
1st Jun 20112:33 pmRNSUpdate on Industrial Accident
25th May 20117:00 amRNSPreliminary Results
20th May 20114:10 pmRNSNotice of Results
21st Feb 20113:35 pmRNSDirector/PDMR Shareholding
17th Feb 20113:20 pmRNSIssue of Equity
15th Feb 20114:29 pmRNSDirector's Dealings
15th Feb 20114:27 pmRNSDirector's Dealings
13th Jan 201112:59 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.