ProSep Awarded $6.5m Contracts in Iraq
December 15th, 2011 |
ProSep Inc. (TSX: PRP) has announced that it was awarded three contracts with a new customer operating in Iraq, for the design and supply of a produced water package and water deaeration and fuel gas treatment systems.
Together, these contracts represent a value of $6.5 million. The equipment provided will be installed at the same early production facility located onshore.
“These contracts awarded by a new customer operating in Iraq bring our year-to-date total orders signed to $46 million, almost twice last year’s orders,” said Jacques L. Drouin, President and CEO.
“By investing in expanding our business development and process engineering teams, we’ve broadened our market reach and depth of offering, and expect to continue capturing market share.”
The produced water treatment package and water deaeration and fuel gas treatment systems will be designed as skid-mounted pre-assembled units for ease of field installation. Delivery of these systems is expected to occur by the third quarter of 2012.
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