11 Feb 2014 07:00
February 11th 2014
Nature Group PLC
"Nature Oil & Gas signs a three year contract with Seadrill in Brazil"
Nature Group PLC (AIM: NGR), the leading maritime and offshore oil and gas waste treatment specialist, is pleased to announce a new three year contract for its Compact Treatment Units.
Nature has been contracted for 3 years by SeaDrill Brazil to support the processing of liquid waste generated on its drilling rigs offshore Brazil. Seadrill currently operates three rigs in Brazil, between which the units will be shared.
In addition to a "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. Dedicated units will be shipped to Brazil and are expected to commence operation at the end of the first quarter of 2014.
The contract covers the rental of Nature's CTU and STU in combination with the associated operators and sets of environmentally friendly treatment chemicals. Nature's technology will clean the waste water to meet the local discharge criteria, with a target for water to be discharged as low as
Stig Feyling, the CEO of Nature Oil and Gas, comments "I am very pleased that after the successful projects with OceanRig in Brazil last year, we can extend our rental fleet through this new customer and contract. Our local agent, Alliance Ambiental, has been instrumental in obtaining the contract".
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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 |
Nigel Sandy, Chairman | Tel 0044 7836 360202 nigel.sandy@ngrp.com |
Cenkos Securities plc | |
Beth McKiernan Neil McDonald | Tel: 0044 (0)131 220 9771 / 0044 (0)207 397 1953 |
Hermes Financial PR: | |
Chris Steele | Tel 0044 7979 604 687 |
Trevor Phillips | Tel 0044 7889 153 628 |