LiqTech Receives Another US-Based Oil & Gas Produced Water Treatment Order from One of the World's Leading Integrated Energy Companies
LiqTech International, Inc. (NASDAQ: LIQT) has received an order for a pilot system for produced water treatment in the U.S. from one of the world's leading integrated energy companies. This marks the second significant produced water treatment order in the U.S. for LiqTech in recent months. The pilot system, scheduled for delivery in Q3 2024, will demonstrate LiqTech's silicon carbide ceramic ultrafiltration technology for treating produced water to enable re-injection and beneficial reuse while meeting regulatory requirements.
Earlier this year, LiqTech received its first U.S.-based order for a containerized pilot system from Razorback Direct, which has been running stably for over two months, meeting all requirements. CEO Fei Chen highlighted the growing importance of produced water treatment in the U.S. oil and gas industry to offset freshwater demand and drive sustainability.
LiqTech International, Inc. (NASDAQ: LIQT) ha ricevuto un ordine per un sistema pilota per il trattamento delle acque prodotte negli Stati Uniti da una delle principali compagnie energetiche integrate al mondo. Questo segna il secondo ordine significativo per il trattamento delle acque prodotte negli Stati Uniti per LiqTech negli ultimi mesi. Il sistema pilota, previsto per la consegna nel Q3 2024, dimostrerà la tecnologia di ultrafiltrazione in ceramica di carburo di silicio di LiqTech per il trattamento delle acque prodotte, consentendo la reiniezione e un riutilizzo vantaggioso, rispettando al contempo i requisiti normativi.
All'inizio di quest'anno, LiqTech ha ricevuto il suo primo ordine negli Stati Uniti per un sistema pilota containerizzato da Razorback Direct, che ha funzionato stabilmente per oltre due mesi, soddisfacendo tutti i requisiti. Il CEO Fei Chen ha sottolineato l'importanza crescente del trattamento delle acque prodotte nell'industria petrolifera e del gas negli Stati Uniti per compensare la domanda di acqua dolce e promuovere la sostenibilità.
LiqTech International, Inc. (NASDAQ: LIQT) ha recibido un pedido para un sistema piloto para el tratamiento de agua producida en EE. UU. de una de las principales compañías de energía integrada del mundo. Esto marca el segundo pedido significativo para el tratamiento de agua producida en EE. UU. para LiqTech en los últimos meses. El sistema piloto, programado para entrega en Q3 2024, demostrará la tecnología de ultrafiltración de cerámica de carburo de silicio de LiqTech para el tratamiento de agua producida, permitiendo la reinyección y el reutilizado beneficioso, cumpliendo con los requisitos regulatorios.
A principios de este año, LiqTech recibió su primer pedido en EE. UU. para un sistema piloto containerizado de Razorback Direct, que ha estado funcionando de manera estable durante más de dos meses, cumpliendo con todos los requisitos. El CEO Fei Chen destacó la creciente importancia del tratamiento de agua producida en la industria del petróleo y gas de EE. UU. para compensar la demanda de agua dulce y promover la sostenibilidad.
LiqTech International, Inc. (NASDAQ: LIQT)는 세계 유수의 통합 에너지 회사 중 하나로부터 미국에서 생산수 처리 파일럿 시스템에 대한 주문을 받았습니다. 이는 최근 몇 달 동안 LiqTech가 미국에서 받은 두 번째 주요 생산수 처리 주문입니다. 2024년 3분기에 배송될 예정인 이 파일럿 시스템은 LiqTech의 실리콘 카바이드 세라믹 초미세 여과 기술을 사용하여 생산수를 처리하여 재주입과 유용한 재사용을 가능하게 하며, 규제 요건을 충족할 것입니다.
올해 초, LiqTech는 Razorback Direct로부터 컨테이너형 파일럿 시스템에 대한 첫 번째 미국 주문을 받았으며, 지난 두 달 이상 안정적으로 운영되고 있으며 모든 요구 사항을 충족했습니다. CEO Fei Chen은 미국 석유 및 가스 산업에서 생산수 처리가 담수 수요를 완화하고 지속 가능성을 촉진하는 데 점점 더 중요해지고 있다고 강조했습니다.
LiqTech International, Inc. (NASDAQ: LIQT) a reçu une commande pour un système pilote de traitement des eaux produites aux États-Unis d'une des principales entreprises énergétiques intégrées au monde. Cela marque la deuxième commande significative pour le traitement des eaux produites aux États-Unis pour LiqTech ces derniers mois. Le système pilote, prévu pour livraison au Q3 2024, démontrera la technologie d'ultrafiltration en céramique de carbure de silicium de LiqTech pour le traitement des eaux produites, permettant la réinjection et le réutilisation bénéfique tout en respectant les exigences réglementaires.
Plus tôt cette année, LiqTech a reçu sa première commande basée aux États-Unis pour un système pilote containerisé de Razorback Direct, qui fonctionne de manière stable depuis plus de deux mois, répondant à toutes les exigences. Le PDG Fei Chen a souligné l'importance croissante du traitement des eaux produites dans l'industrie pétrolière et gazière américaine pour compenser la demande en eau douce et promouvoir la durabilité.
LiqTech International, Inc. (NASDAQ: LIQT) hat einen Auftrag für ein Pilot-System zur Behandlung von Produktionswasser in den USA von einem der weltweit führenden integrierten Energieunternehmen erhalten. Dies markiert die zweite bedeutende Bestellung zur Behandlung von Produktionswasser in den USA für LiqTech in den letzten Monaten. Das Pilot-System, dessen Lieferung für Q3 2024 geplant ist, wird LiqTechs Silikonkarbid-Keramikwasserfiltertechnologie zur Behandlung von Produktionswasser demonstrieren, um eine Wiederinjektion und vorteilhafte Wiederverwendung zu ermöglichen und gleichzeitig die gesetzlichen Anforderungen zu erfüllen.
Früher in diesem Jahr erhielt LiqTech seine erste US-Bestellung für ein containerisiertes Pilot-System von Razorback Direct, das seit über zwei Monaten stabil läuft und alle Anforderungen erfüllt. CEO Fei Chen hob die wachsende Bedeutung der Behandlung von Produktionswasser in der US-Öl- und Gasindustrie hervor, um den Bedarf an Süßwasser zu reduzieren und Nachhaltigkeit voranzutreiben.
- Received order for pilot system from a leading integrated energy company
- Second significant produced water treatment order in the U.S. in recent months
- Potential for multi-system orders and broader industry showcase
- First U.S.-based pilot system running stably for over two months, meeting all requirements
- None.
Insights
LiqTech's new order for a pilot system marks a significant step in the produced water treatment sector. Their silicon carbide ceramic ultrafiltration technology addresses a critical environmental challenge in the oil and gas industry. The ability to treat produced water for re-injection and reuse not only reduces operational costs but also aligns with increasing sustainability demands.
The fact that this is the second major U.S. order in recent months suggests growing industry recognition of LiqTech's capabilities. Their technology's potential to meet current and future regulatory requirements is particularly noteworthy. If the pilot proves successful, it could lead to substantial commercial opportunities, potentially positioning LiqTech as a key player in the U.S. market for produced water treatment solutions.
This order from a leading integrated energy company signifies a growing trend in the U.S. oil and gas sector towards more sustainable water management practices. The industry is under increasing pressure to reduce freshwater usage and find efficient ways to treat and reuse produced water. LiqTech's technology, if proven effective, could become a game-changer in this space.
The potential for multi-system orders following successful pilots could translate into significant revenue growth for LiqTech. Moreover, the company's focus on reducing operational expenses for customers while meeting sustainability goals positions it well in a market that's increasingly prioritizing both economic efficiency and environmental responsibility. This could lead to a competitive advantage for LiqTech in the rapidly evolving U.S. oil and gas industry.
BALLERUP,
"I am extremely pleased with the progress we are making within the broader oil and gas industry, and especially within the
The new pilot system is scheduled to be delivered to the customer in the third quarter of 2024 to demonstrate and document the efficiency of LiqTech's unique silicon carbide ceramic ultrafiltration technology in treating produced water to facilitate re-injection and beneficial reuse and meet current regulatory requirements.
Earlier this year, LiqTech received its first
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Forward-Looking Statements
This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation, and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
LiqTech Company Contact
Phillip Massie Price, Interim Chief Financial Officer
LiqTech International, Inc.
Phone: +45 31313993
pmp@liqtech.com
LiqTech Investor Contact
Robert Blum
Lytham Partners, LLC
Phone: 602-889-9700
liqt@lythampartners.com
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SOURCE LiqTech International, Inc.
FAQ
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