Soiltech ASA (OSE: STECH)
Sandnes, Norway 22 December 2025
Soiltech ASA has been awarded a contract with TotalEnergies EP Norge AS for
fluid treatment, onshore waste handling and associated services on the jack-up
drilling rig West Elara on the Norwegian Continental Shelf. The contract is
scheduled to commence in the first quarter of 2026, with an estimated duration
of four to five months. The contract is estimated to be a sizable contract¹ for
Soiltech.
"We appreciate the confidence TotalEnergies has shown in us," says Erik
Bjøndal-Røvde, VP Operations at Soiltech. "Our STTTM fluid treatment technology
enables efficient, cost-effective and environmentally responsible operations,
tailored to our customer's specific requirements."
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.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
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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
Contact:
Tove Vestlie, CFO Telephone: (+47) 90 69 06 48
Jan Erik Tveteraas, CEO Telephone: (+47) 95 21 49 25