QS Energy and VIPS Petroleum with Southeast Asia's Leading Energy Producer
QS Energy, Inc. (OTCQB:QSEP) has signed a Memorandum of Understanding (MOU) with VIPS Petroleum, advancing their partnership with a leading Southeast Asian energy producer and its state-owned oil and gas This MOU sets the stage for commercializing QS Energy's Applied Oil Technology (AOT) unit. The agreement is structured as a wholesale pass-through agreement, facilitating integration of the AOT unit into the region's energy infrastructure.
The MOU outlines a three-tier revenue model comprising upfront payments, sales and lease agreements, and royalty and ancillary revenues. This model secures long-term financial growth for QS Energy while protecting its intellectual property. The company anticipates formally announcing the identity of the major customer in the coming weeks, solidifying both wholesale and retail aspects of the agreement.
QS Energy, Inc. (OTCQB:QSEP) ha firmato un Protocollo d'Intesa (MOU) con VIPS Petroleum, avanzando la loro partnership con un importante produttore di energia del Sud-est asiatico e la sua compagnia statale di petroli e gas. Questo MOU prepara il terreno per la commercializzazione dell'unità di Tecnologia Applicata per il Petrolio (AOT) di QS Energy. L'accordo è strutturato come un accordo di passaggio all'ingrosso, facilitando l'integrazione dell'unità AOT nell'infrastruttura energetica della regione.
Il MOU delinea un modello di entrate a tre livelli che comprende pagamenti anticipati, contratti di vendita e locazione, e entrate da royalty e attività accessorie. Questo modello assicura una crescita finanziaria a lungo termine per QS Energy, proteggendo al contempo la sua proprietà intellettuale. L'azienda prevede di annunciare formalmente l'identità del principale cliente nelle prossime settimane, consolidando dunque sia gli aspetti all'ingrosso che al dettaglio dell'accordo.
QS Energy, Inc. (OTCQB:QSEP) ha firmado un Memorando de Entendimiento (MOU) con VIPS Petroleum, avanzando su asociación con un destacado productor de energía del sudeste asiático y su empresa estatal de petróleo y gas. Este MOU sienta las bases para la comercialización de la Tecnología Aplicada al Petróleo (AOT) de QS Energy. El acuerdo está estructurado como un acuerdo mayorista de transferencia, facilitando la integración de la unidad AOT en la infraestructura energética de la región.
El MOU describe un modelo de ingresos de tres niveles que comprende pagos por adelantado, contratos de venta y arrendamiento, así como ingresos por regalías y actividades accesorias. Este modelo asegura un crecimiento financiero a largo plazo para QS Energy mientras protege su propiedad intelectual. La empresa anticipa anunciar formalmente la identidad del cliente importante en las próximas semanas, solidificando así ambos aspectos mayoristas y minoristas del acuerdo.
QS Energy, Inc. (OTCQB:QSEP)는 VIPS Petroleum과 양해각서(MOU)를 체결하여 동남아시아의 주요 에너지 생산자 및 국영 석유 및 가스 회사와의 파트너십을 발전시켰습니다. 이 MOU는 QS Energy의 응용 석유 기술(AOT) 단위의 상업화를 위한 기반을 마련합니다. 이 계약은 도매 통과 계약으로 구조화되어 AOT 단위를 이 지역의 에너지 인프라에 통합하는 것을 용이하게 합니다.
이 MOU는 선불 결제, 판매 및 임대 계약, 로열티 및 부수 수입을 포함하는 3단계 수익 모델을 설명합니다. 이 모델은 QS Energy의 장기적인 재정 성장을 보장하면서 지적 재산을 보호합니다. 회사는 향후 몇 주 안에 주요 고객의 신원을 공식 발표할 것으로 예상하며, 계약의 도매 및 소매 측면을 모두 강화할 것입니다.
QS Energy, Inc. (OTCQB:QSEP) a signé un Mémorandum d'Entente (MOU) avec VIPS Petroleum, faisant avancer leur partenariat avec un important producteur d'énergie d'Asie du Sud-Est et sa société nationale de pétrole et de gaz. Ce MOU prépare le terrain pour la commercialisation de l'unité de Technologie Pétrolière Appliquée (AOT) de QS Energy. L'accord est structuré comme un accord de passage en gros, facilitant l'intégration de l'unité AOT dans l'infrastructure énergétique de la région.
Le MOU décrit un modèle de revenus en trois niveaux comprenant des paiements initiaux, des contrats de vente et de location, ainsi que des revenus de redevances et d'activités accessoires. Ce modèle garantit une croissance financière à long terme pour QS Energy tout en protégeant sa propriété intellectuelle. L'entreprise prévoit d'annoncer formellement l'identité du client principal dans les prochaines semaines, renforçant ainsi tant les aspects de gros que de détail de l'accord.
QS Energy, Inc. (OTCQB:QSEP) hat ein Memorandum of Understanding (MOU) mit VIPS Petroleum unterzeichnet und damit ihre Partnerschaft mit einem führenden Energieproduzenten aus Südostasien und dessen staatlichem Öl- und Gasunternehmen vorangetrieben. Dieses MOU ebnet den Weg für die Kommerzialisierung der Angewandten Öl-Technologie (AOT) von QS Energy. Der Vertrag ist als Großhandelsdurchleitungsvereinbarung strukturiert, die die Integration der AOT-Einheit in die Energieinfrastruktur der Region erleichtert.
Das MOU umreißt ein drei Ebenen umfassendes Einnahmemodell, das Vorauszahlungen, Verkaufs- und Leasingverträge sowie Lizenzgebühren und Nebeneinkünfte umfasst. Dieses Modell sichert QS Energy langfristiges finanzielles Wachstum und schützt gleichzeitig deren geistiges Eigentum. Das Unternehmen plant, in den kommenden Wochen die Identität des Hauptkunden bekannt zu geben, um sowohl die Großhandels- als auch die Einzelhandelsaspekte des Vertrags zu festigen.
- Signed MOU with VIPS Petroleum for commercialization of AOT unit
- Partnership with a leading Southeast Asian energy producer and state-owned oil and gas
- Three-tier revenue model including upfront payments, sales/lease agreements, and royalties
- Lease component provides financial structure for AOT unit deployment and protection
- Anticipated formal announcement of major customer identity
- None.
Management Completes Phase Three of Four (MOU), Poised for the Final Phase of Customer Contract
TOMBALL, TX / ACCESSWIRE / September 26, 2024 / QS Energy, Inc. (OTCQB:QSEP), a leader in oil transport technology, is pleased to announce the signing of a Memorandum of Understanding (MOU) with VIPS Petroleum, furthering their strategic partnership with one of Southeast Asia's premier energy producers and its state-owned oil and gas corporation. This MOU lays the groundwork for the commercialization of QS Energy's Applied Oil Technology (AOT) unit in collaboration with the government-backed oil and gas giant, marking a major step in the company's continued global expansion.
This agreement builds on the momentum established in QS Energy's previous announcement regarding its partnership with VIPS Petroleum, focused on enhancing oil transport efficiency. As outlined in the last update, the joint efforts are progressing on schedule, with key milestones being reached that position QS Energy for substantial growth. This partnership underscores the importance of new energy solutions in emerging markets and highlights the growing demand for the company's cutting-edge technology.
Wholesale Agreement
The signed MOU is structured as a wholesale pass-through agreement, designed to facilitate seamless integration of the AOT unit within the region's energy infrastructure. This approach ensures flexibility while accommodating the intricate needs of the energy landscape. Further details will follow as QS Energy and VIPS Petroleum work closely with their Southeast Asian partners to finalize the agreement's scope and implementation.
Three Revenue Silos: A Comprehensive Financial Framework
This agreement outlines a robust three-tier revenue model, consisting of:
1. Upfront Payments: Initial financial commitments that secure the deployment of the AOT units.
2. Sales and Lease Agreements: Structured lease contracts that allow for flexible financing options, ensuring the units are protected while also generating revenue through ongoing sales.
3. Royalty and Ancillary Revenues: Additional revenue streams will be realized through royalty payments and ancillary services, including transportation add-ons that complement the AOT unit's core function.
This comprehensive framework not only generates revenue but also secures long-term financial growth for QS Energy.
Financing the Future
The lease component of the agreement provides the necessary financial structure to facilitate the protection and deployment of AOT units within the national oil infrastructure of Southeast Asia. This innovative lease model allows for the financing of units while safeguarding QS Energy's intellectual property and operational integrity, ensuring a stable return on investment. The revenue model further strengthens the company's position for future growth and investment opportunities.
Announcement Timeline
QS Energy anticipates in the coming weeks that it will be in a position to formally announce the identity of the major customer, solidifying both the wholesale and retail aspects of the agreement. This significant update will reflect the culmination of joint efforts with VIPS Petroleum and their regional partners.
As QS Energy moves closer to finalizing these agreements, the company remains committed to transparency and will continue to update shareholders as developments unfold. With the Southeast Asian market opening new doors, the partnership with VIPS Petroleum and the national energy entity is set to drive both companies toward unprecedented success.
About VIPS Petroleum
VIPS Petroleum is an industry leader providing innovative petroleum solutions and exceptional service. Committed to leveraging advanced technologies, VIPS Petroleum aims to enhance the performance and sustainability of its operations. For more information, visit www.vipspetroleum.co.
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB:QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
View the original press release on accesswire.com
FAQ
What is the significance of the MOU signed between QS Energy (QSEP) and VIPS Petroleum?
How is the revenue model structured in the agreement between QS Energy (QSEP) and VIPS Petroleum?
When does QS Energy (QSEP) expect to announce the identity of the major customer mentioned in the press release?
What is the purpose of the lease component in the agreement between QS Energy (QSEP) and VIPS Petroleum?
