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Soiltech to perform fluid treatment and other services on Deepsea Yantai
08 Jan 2026 13:54 CET
Issuer
Soiltech ASA
8.1.2026 13:54:35 CET | Soiltech ASA | Additional regulated information required
to be disclosed under the laws of a member state
Soiltech ASA (OSE: STECH)
Sandnes, Norway, 08. January 2026
Soiltech ASA will perform fluid treatment, onshore waste handling and associated
services on the harsh environment semisubmersible rig Deepsea Yantai on the NCS,
under contracts with DNO, Wellesley Petroleum, and Well Expertise. Startup is
expected to be in the first quarter of 2026, with an expected duration until
year-end 2026. This is estimated to be a large contract¹ for Soiltech.
"We look forward to working with our clients on these exciting projects. By
utilising our market-leading treatment technologies, we can reduce and recover
waste in a highly efficient and cost-effective manner, enabling more sustainable
project execution and responsible resource management," says Jan Erik Tveteraas,
Soiltech's CEO.
____________
1. Contract sizes
A sizable contract has an estimated value of MNOK 5 - 10
A substantial contract has an estimated value of MNOK 10 - 20
A large contract has an estimated value above MNOK 20
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Jan Erik Tveteraas, CEO, Soiltech ASA, +47 95 21 49 25,
jan.erik.tveteraas@soiltech.no
* Tove Vestlie, CFO / Investor Relations, Soiltech ASA, +47 90 69 06 48,
tove.vestlie@soiltech.no
ABOUT SOILTECH ASA
About Soiltech
Soiltech is an innovative technology company specializing in the treatment,
recycling and sustainable handling of contaminated water and solid waste on
site. Our technologies enable cost savings and lower CO2 emissions through waste
reduction, waste recovery and reuse. Soiltech operates world-wide and is
headquartered in Norway.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17849399/18768646/6681/Download%20announce
ment%20as%20PDF.pdf
More information:
Access the news on Oslo Bors NewsWeb site
Source
Soiltech ASA
Provider
Oslo Børs Newspoint
Company Name
SOILTECH ASA
ISIN
NO0010713571
Symbol
STECH
Market
Euronext Expand