NATCO Group Inc Got and award

NATCO Group Inc Got and award

NACTO Group Inc told the press saying that the company has just been awarded a $24.9 million contract to provide membrane separation technology and equipment to capture CO2 for re-injection in Bouri, Libya’s largest offshore oil field. An oil company operating in the Mediterranean Sea, operates the Bouri production platforms, one of which will house the pre-treatment equipment and membrane systems intended to treat more than 160MM SCFD gas.

Cynara® membrane system for the selective capture of CO2 from the gas stream for this retrofit project on the existing platform will supplied by NACTO. In addition NATCO will also design, engineer, and fabricate four membrane skids and related valving, as well as pretreatment equipment. NATCO’s Chairman and CEO, John U. Clarke, stated that This project further demonstrates the success of focused efforts to deliver substantial awards in 2008 for our Integrated Engineered Solutions segment, and specifically our strategy to grow the business in the expanding gas market.

NATCO Group Inc. is a leading provider of process equipment, systems and services used in the production of oil and gas. NATCO has designed, manufactured and marketed production equipment and services for over 80 years. NATCO production equipment is used onshore and offshore in most major oil and gas producing regions of the world.

Contact:

NATCO Group Inc., Houston VP, Marketing & Communications Cheryl Chartier, 713-849-6275 cchartier@natco-us.com or VP, Finance Andy Smith, 713-849-7796

asmith2@natco-us.com

Source: NATCO Group Inc.

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