SoilTech AS
84.00
NOK
-1.00
(-1.18%)
ISIN
NO0010713571
Return %
Stock
S&P 500
1Y
32.91
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
NOK
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in mil. unless spec.Working Capital
NOK
•
in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
•
in mil. unless spec.Quarterly Dividends Per Share
NOK
•
in mil. unless spec.Company Description
- CEO
- Jan Erik Tveteraas
- Full Time Employees
- 146
- Sector
- Industrial services
- Industry
- Environmental services
- Address
- Sandnes Norway
- IPO Date
- Sep 11, 2024
- Website
- soiltech.no
- Similar Companies
- Business
- Soiltech ASA is a cleantech service provider specializing in the on-site treatment, recycling, and sustainable management of contaminated water and solid industrial waste streams for the global energy, aquaculture, and industrial sectors. The company designs, builds, owns, and operates proprietary, modular treatment technologies directly at client offshore and onshore facilities. Its core offerings include Slop Treatment Technology (STT) for the mechanical separation, recovery, and recycling of oil-contaminated fluids; the STT Purifier for the advanced treatment of produced water and reduction of heavy metals and dissolved solids; Swarf Removal Systems (SRS) for extracting metal debris and milling residues during drilling and plug-and-abandonment (P&A) operations; Sorbfloc patented, biodegradable chemical flocculants for environmentally safe water clarification; drill cuttings handling, processing, and volume reduction systems; and automated tank, pit, and vessel cleaning services. Founded in 2011 and headquartered in Sandnes, Norway, the company conducts operations across the Norwegian Continental Shelf, the United Kingdom, the Netherlands, and the Middle East through operating subsidiaries including Soiltech Offshore Services AS and Sorbwater Technology AS. In recent strategic developments, the company executed a statutory merger with Oceanteam ASA, resulting in a corporate reorganization and rebranding to Soiltech ASA, followed by an uplisting of its shares to the main list of Euronext Oslo Børs under the ticker STECH. Additionally, the company integrated Sorbwater Technology AS to expand its proprietary green chemistry portfolio, invested in expanding its operational STT fleet capacity, and secured multi-year contract awards and framework extensions across the North Sea and international energy markets.