EVTN Announces New VoraxialÂ® Order From Oil Service Company With Global Operations
FORT LAUDERDALE, Fla., Oct. 5, 2011 /PRNewswire/ -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced today that it has shipped a Voraxial® 2000 System to an oil and gas service company for a produced water application. The Texas based multi-billion dollar oil service company is a leading provider of consulting, engineering, and technical services worldwide.
The Voraxial 2000 System, designed to be installed on offshore platforms, will be utilized for the separation of oil and sand from produced water. Produced water is a major issue for oil companies as it comprises over 98% of the total waste volume generated by the oil and gas industry. It is estimated that over 211 million barrels of water need to be treated each day in the oil industry. EVTN's growing penetration into the oil & gas market is resulting in increased sales and deployments. The Voraxial Systems are being used to treat produced water for both offshore and onshore production facilities.
"We are experiencing a greater volume of customer inquiries which is resulting in increasing sales and a growing pipeline of prospective projects. The sales are primarily from the oil industry and include both the Voraxial as a standalone and incorporated within a complete turnkey solution," said John A. DiBella, COO of EVTN.
The Voraxial was selected for its many benefits including efficient separation without requiring a pressure drop, ease of installation and operation, and its economical benefits – specifically cost savings from the acquisition, installation, operation and maintenance of the equipment. Since the Voraxial is compact, complete turnkey systems can be supplied to treat a variety of fluid streams to reduce the customers treatment cost and increase the separation efficiency. Without creating a pressure loss, the Voraxial provides for quality separation while decreasing the amount of space, energy and weight to conduct the separation - all of which are precious commodities in a variety of markets. EVTN continues to pursue the oil & gas industry but is also receiving request for proposals from other industries such as mining, manufacturing and oil spill industries.
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