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The latest update is out from M Vest Water AS ( (DE:7YA) ).
M Vest Water announced that a major Oil & Gas producer in Oman will conduct a large-scale trial of their NORWAFLOC® de-oiler and demulsifier at the largest Produced Water contributor in Oman. This trial, set for Q3 2025, aims to replace existing chemicals with NORWAFLOC® to enhance sustainability and oil reclamation, potentially qualifying the product for broader use in the operator’s Produced Water activities. The trial’s success could significantly impact MVW’s market positioning by aligning with the operator’s sustainability goals and increasing revenue through improved oil-water separation.
More about M Vest Water AS
M Vest Water is an environmental technology company specializing in innovative water treatment solutions for both industrial and municipal markets. Their products are non-toxic, biodegradable, and environmentally friendly, achieving high purification levels cost-effectively. The company is listed on Euronext Growth under the ticker MVW.
Average Trading Volume: 6,954
Current Market Cap: NOK299M
For detailed information about 7YA stock, go to TipRanks’ Stock Analysis page.