- Home
- Equities - Stocks - Shares
- Company Press Releases
- M Vest Water Announces Exclusive Agent Agreement With Invest Support Company For Market Penetration In Qatar, Bahrain, Oman and The Emirates
M Vest Water Announces Exclusive Agent Agreement with Invest Support Company for Market Penetration in Qatar, Bahrain, Oman and the Emirates
07 Feb 2025 15:22 CET
Issuer
M Vest Water AS
Bergen, Norway, February 7, 2025 -- M Vest Water (EURONEXT: MVW) today
announces that it has entered into an exclusive Agent Agreement with Invest
Support Company (ISC) for the sales of MVW technologies in Qatar, Bahrain,
Oman, Dubai and the Emirates. The duration of the agreement is 5 years. The
exclusive Agent Agreement covers MVW's activities in the Oil & Gas market as
well as other water treatment markets in these countries.
With reference to the stock exchange notification from July 31, 2024, where
MVW announced an exclusive agreement with Energy Support Trading (EST) for its
business activities in Saudi Arabia and Kuwait, this new agreement with ISC
ensures quality representation for MVW's entire Middle Eastern activities. ISC
was established to support its sister company EST throughout the Gulf
Cooperation Countries and the Emirates.
Both EST and ISC are dedicated to supplying Oil & Gas Industries, Energy,
Sanitation, Desalination Sectors, and General Industries with water treatment
solutions. EST and ISC represent a range of internationally reputed principals
and are registered suppliers to leading Oil & Gas operators, accessing all
major national and international O&G operators and IPC contractors in the
Middle East.
"MVW is very pleased to have entered into this extensive Agent Agreement with
the sister company of the well-reputed and connected Energy Support Trading,
which can access tenders with all major operators and IPC contractors in the
Middle East. We have built up a solid tender portfolio during our cooperation
so far, and we expect to accelerate this buildup across the entire region
through our expanded cooperation," comments MVW's Executive Chairman, Tor Olav
Gabrielsen.
Contact
For further information, please contact:
Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70
About Us
M Vest Water is an environmental technology company which has developed unique
products and solutions to the water treatment industry, both Industrial as
well as the Municipal markets. The products are non-toxic, biodegradable and
without any harm to the environment. It obtains the highest degree of
purification in a cost-efficient arrangement.
M Vest Water is listed on Euronext Growth under the ticker MVW.
For more information, visit www.mvestwater.com.
This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2025-02-07 15:22 CET.
More information:
Access the news on Oslo Bors NewsWeb site
Source
M Vest Water AS
Provider
Oslo Børs Newspoint
Company Name
M VEST WATER AS
ISIN
NO0010976343
Symbol
MVW
Market
Euronext Growth