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20-06-2019

Deal closed on first PSA nitrogen system to Saudi-Arabia

Oreco has sold its first new nitrogen production system to Saudi-Arabia, which constitutes one of the world’s largest oil markets.

Oreco"s CEO Kaare Wetlsen is pleased with the fact that the system is on its way to the Middle East:
“We’re interested in selling to the entire world market, so it’s a milestone for us to gain a foothold in Saudi-Arabia. This will provide us with further very valuable references for the future.”

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Oreco A/S has acquired the company Entecx Environmental Technologies ApS. With the acquisition Oreco consolidates and further advances its position as world-leader and preferred supplier of Automated Tank Cleaning and Oil Separation Technologies to the global oil and gas industry.

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