LiqTech International, Inc. (“LiqTech”) is pleased to announce that an East-European-based oil company has ordered a containerized (mobile) LiqTech SiC membrane installation. The order represents a value to LiqTech of $300,000 and is expected to be delivered by the end of this year. The end-user placed the order to confirm the properties of the LiqTech SiC membrane technology for various upstream Produced Water applications.
Mr. Finn Helmer, LiqTech CEO, remarked, “The customer’s decision to invest in our membrane installation for field evaluation is a strong indicator that they see our SiC membranes as a solution to improve their production setup. Based on our experience, we believe the primary objective of the investigation will be related to re-injection of Produced Water. Conventional technologies can’t deliver the required re-injection water quality for certain reservoir formations, but this quality can be achieved with the use of LiqTech membranes. The benefits for the end-user when installing SiC membranes are: increased oil production, extended oil well life time maintaining low reservoir pressure. We believe a successful test could lead to substantial new orders based on our understanding of the oil company’s needs.”
LiqTech is currently working with more than 50 oil companies, operators and system integrators in Europe, Americas, Middle East, SE Asia and China on SiC membrane projects in phases from initial evaluation to commissioning.
ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation, is a clean technology company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. It also manufactures ceramic silicon carbide kiln furniture. Using nanotechnology, LiqTech develops products using proprietary silicon carbide technology. LiqTech’s products are based on unique silicon carbide membranes which facilitate new applications and improve existing technologies. For more information, please visit liqtech.com.