ProSep Inc., dedicated to providing process solutions to the oil and gas industry, today, November 1, announced that its majority owned South-Korean joint venture ProSep Kolon Company Limited (“ProSep Kolon”), was awarded two contracts for the supply of a seawater filtration package and mercury removal unit for a total value of approximately $12 million.
The customers are South-Korean engineering firms selected to perform engineering, procurement and construction (“EPC”) of facilities for a large liquid natural gas project located offshore Australia. Delivery is expected to occur in the first quarter of 2014.
“With the support of Kolon Group, one of Korea’s most recognized industrial group, we are in a unique position to serve the growing oil and gas engineering and ship building industries in South Korea and China.”
ProSep’s seawater treatment and water injection offering is a highly efficient alternative to traditional system designs. Designed and delivered as a complete and customized solution, it typically includes membrane ultra-filtration, sulphate removal and vacuum deaeration. Mercury removal units are used to remove corrosive mercury present in natural gas or hydrocarbon condensate. These systems are designed to meet strict weight and size availabilities on floating production platform or processing facilities.
[mappress]
November 1, 2012