InvestorsHub Logo
Followers 12
Posts 2062
Boards Moderated 0
Alias Born 07/31/2003

Re: None

Tuesday, 04/29/2008 9:23:00 AM

Tuesday, April 29, 2008 9:23:00 AM

Post# of 107353
Veolia Wins Major Brazil Contract

by Veolia Water
Monday, April 28, 2008


Veolia Water announces that its subsidiary, Veolia Water Solutions & Technologies (VWS), has been awarded a major contract by FSTP Private Limited for the Petrobras P56 deep water oil development in the Marlim Sul field in the Campos basin, offshore Brazil. The contract, worth around USD 40 million, is one of the biggest contracts to be signed by VWS in Brazil, and is the fourth of its nature to have been awarded to the company within a short period of time by FSTP, thus illustrating the company's continuing strength with this specialist market.

The contract is for the supply of a sulphate reduction process (SRP) package and replicates the P51 project recently delivered by the partnership of VWS companies VWS Westgarth and VWS Brazil to FSTP. The specialist process utilises a membrane based system that removes sulphates and other divalent ions from the injection sea water to prevent the formation of barium sulphate and strontium sulphate scale forming in the sub-sea injection piping system and in the reservoir itself.

The package is designed to the demanding specifications required by the oil and gas industry and will upon completion produce 1250 m3/hour of low sulphate sea water for injection.

Commenting on the contract, Antoine Frerot, Chief Executive Officer for Veolia Water highlighted the company's presence in the oil and gas industry. "This contract, awarded to Veolia Water by one of the biggest companies in the sector, illustrates our proven expertise in the petroleum and gas markets. Indeed, we have provided thousands of water treatment systems in production sites all around the world. Our sophisticated systems are designed to treat water to the highest requirements including for the new production techniques for petroleum and natural gas such as water injection and deep water production."

Veolia Water offers upstream (offshore and onshore exploration/production) as well as downstream (refining) water treatment solutions for the oil and gas industry. These solutions apply to injection, produced and process waters as well as to effluents and solids. The Company designs and builds treatment processes covering all these areas and operates plants, thus guaranteeing their performance
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KLNG News