Order in hand - Turn Key Active Fire Fighting Solution in the Middle East
Reference is made to the Letter of Intent announced June 29th 2009. Simtronics ASA has through the Middle East Branch Office in Dubai received a purchase order for delivery of a turn key active fire fighting solution to South Pars Gas Field Development phase 15&16. The customer is Sepanir OIL & GAS ENERGY Eng. Co and the end user is Pars Oil and Gas Company (POGC).
[15.07.2009]The total value of the order is in excess of MNOK 34 and delivery will take place during 1H 2010.
The work will be executed by Simtronics ASA's subsidiary Water Mist Engineering AS.
This is the largest single order ever received by Water Mist Engineering AS.
For further information please contact:
Kjetil Sivertsen, Managing Director, Water Mist Engineering AS
Phone +47 91 37 75 25
Rune Martini, CEO, Simtronics ASA
Phone +47 48 07 80 80
Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products, solutions and systems are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.