ProSep announces $12 million contract awards for large offshore

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ProSep announces $12 million contract awards for large offshore
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ProSep announces $12 million
contract awards for large offshore
project
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The customers are South-Korean engineering firms selected to perform
engineering, procurement and construction ("EPC") of facilities for a large liquid natural
gas ("LNG") project located offshore Australia.
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ProSep Inc. (TSX:PRP), dedicated to providing process solutions to the oil
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& Training
and gas industry, today 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
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liquid natural gas ("LNG") project located offshore Australia. Delivery is
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"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."
This article is for information and discussion purposes only and does not form a recommendation to invest or
otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable
for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More
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Why are we so conservative about new
technology in our industry?
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positive about new consumer
technology (widescreen TV, Blackberry,
Kindle etc) and so conservative about
new technology in our industry?
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