Soiltech

Regulatory Filings • Apr 4, 2025

Soiltech awarded new contracts

Soiltech awarded new contracts

Soiltech ASA (OSE: STECH)

Sandnes, Norway, 04 April 2025

Soiltech ASA has been awarded three contracts for providing Fluid treatment (STT) services to leading counterparties in the oil & gas industry in Europe. Together, the expected revenue under these contracts is anticipated to be sizable¹.

The contracts are expected to be performed during the second and third quarter of 2025. Two contracts relate to the treatment of water offshore while one contract relate to the treatment of water in connection with pipe cleaning on an oil refinery.

“We are pleased to be awarded these contracts, which we see as a recognition of our market leading solutions for water treatment and the strong performance of our field personnel”, says Glenn Åsland, COO in Soiltech.

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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Contract sizes

A sizable contract has an estimated value of MNOK 5 – 10 over 12 months

A substantial contract has an estimated value of MNOK 10 – 20 over 12 months

A large contract has an estimated value above MNOK 20 over 12 months

Contact:

Tove Vestlie, CFO Telephone: (+47) 90 69 06 48, Email: IR@soiltech.no

Jan Erik Tveteraas, CEO Telephone: (+47) 95 21 49 25