ProSep Awarded Contract in South China Sea
ProSep was awarded a $4.1 million (U.S.) contract to provide a gas dehydration system for a natural gas development project located in the South China Sea. Delivery is expected to occur during the third quarter of 2011. For commercial reasons, no further details have been provided. ProSep was also recently awarded a contract valued at $0.5 million (U.S.) to supply a chemical injection package for a leading engineering and construction services provider
"South East Asia is quickly becoming an important market for ProSep. We have been building strong client relationships and expanding our offering in the region," said Jacques L. Drouin, President and CEO. "The region's robust economic growth and continued investments to develop vast oil and gas resources should continue to be a strong driver for the Company."