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RNS - Sale of NORWAPOL® to a large Norwegian Oil Terminal

Company: M Vest Water AS Date: 2025-07-10 Language: English Register to download

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 Sale of NORWAPOL® to a large Norwegian Oil Terminal

# Sale of NORWAPOL® to a large Norwegian Oil Terminal

Bergen, Norway, July 10, 2025 -- M Vest Water (EURONEXT: MVW) today announces  

the sale of a NORWAPOL® retrofit to replace sand filtration at a large  

Norwegian oil terminal. This marks the second NORWAPOL® retrofit ordered by  

the client, under which another sand filter at the oil terminal will be  

converted into a NORWAPOL® unit for treating produced water.  

  

A repeat order from the same client, following two years of successful  

operation with their first NORWAPOL® system, serves as a strong reference for  

both the technology and MVW.  

  

The sale includes our patented polishing process NORWAPOL®, where NORWAFLOC®  

is added prior to the automatic backwash media filtration vessel. It also  

involves replacing the incumbent sand filtration with the innovative activated  

filter media AFM®, significantly enhancing filtration performance.  

  

NORWAPOL® is a patented process technology developed by MVW. It uses  

NORWAFLOC®, MVW's proprietary and environmentally friendly bio-flocculant,  

which is added to wastewater to enable the subsequent removal of pollutants in  

the NORWAPOL® filter.  

  

"We are pleased that our client has chosen to implement our NORWAPOL® solution  

at a second water stream. The sale reflects the growing interest within the  

oil and gas industry for effective, yet environmentally friendly and  

sustainable solutions, that enable significant reductions in harmful  

discharges to nature. The sale also highlights the expanding footprint of our  

NORWAPOL® technology in the oil and gas sector. This is a valuable reference  

for MVW, as we are currently engaged in several qualification processes to  

expand the global adoption of NORWAPOL® over the summer", says Executive  

Chairman, Mr. 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  

2025-07-10 10:12 CEST.

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