Swire Oilfield Services Pte Ltd – SALT LAKE CITY, January 7, 2015 // — Purestream Services, LLC (“Purestream”) and John Swire and Sons Inc., a subsidiary of John Swire & Sons Limited (“Swire”), announced that We announced that we were satisfied. A financing transaction that will enable Purestream to expand its activities in the oilfield water treatment and other water treatment markets.
Purestream’s AVARA Accelerated Vapor Recompression water treatment technology enables producers to recycle and reuse frac water in oil and gas fields.
Swire Oilfield Services Pte Ltd
Purestream provides low cost water treatment for reusing frac water produced in oil and gas fields.
Swire Rebrands As It Commits To Energy Transition
John Swire & Sons Limited has announced a recent capital raising transaction with Purestream Services. Purestream provides finished water and fractal water treatment for reuse in oil and gas fields.
Purestream is a water services company founded in 2010 focused on designing and building water treatment systems to discharge and reuse frequent backflows in the oil and shale gas industry. Purestream has developed state-of-the-art vapor recompression brine enrichment and desalination technology and a single-cell induced gas flotation (IGF) system for water recycling.
John Swire & Sons Ltd is the UK-based parent company of the Swire Group, a highly diversified global group. Swire’s activities include supporting the refrigeration, real estate development, beverage, and onshore and offshore oil and gas industries. Its subsidiary, Swire Oilfield Services Inc. Swire, provides support services to the US oil industry, both onshore and offshore. Specifically, Swire offers a range of environmentally friendly solutions for the US shale oil and gas sector.
Under the terms of the deal, John Swire & Sons Inc. financing provided Purestream, a huge business generated by strong demand for both dynamic water treatment and management capabilities as a result of increased drilling in the region. You can maximize your chances. Texas’ Permian Basin and Eagle He Ford, mainly Bakken in North Dakota. As part of the deal, Swire Water Solutions Chairman Andy Hunter will join his PureStream board of directors.
Sbo Strengthens Business Presence In Taiwan
“This deal comes at the perfect time for Purestream, leveraging Swire’s international presence and expertise in the U.S. and coastal markets to deploy and operate the newly contracted system in 2015. The partnership, said Purestream CEO Neil Richardson, will enable access to Swire’s customer base and expand its reach into the U.S. market.
“We are thrilled to welcome Andy Hunter to the Purestream Board of Directors,” said Richardson. We will continue to meet the needs of the market.
Andy Hunter, Chairman of Swire Water Solutions, said: “This partnership will not only enable Purestream to realize this potential, but will also enable Swire Oilfield Services to expand the range of products it offers to its customers. “We will reduce costs. We are confident that this partnership will enable both companies to achieve their goals of serving the U.S. onshore oil industry. Offering one of the most comprehensive ranges of We look forward to working with the Purestream team.”
Purestream is a Utah-based water treatment and solutions company that has been treating produced and frac water for reuse in the oil and gas sector since 2010. This provides distilled water and clean brine for reuse in the oil field. PureStream also offers specialized induced gas flotation technology combined with filtration to remove oil, grease and suspended solids from oilfield wastewater. Treated water can be reused in drilling operations. As important as technology is, Purestream has a strong bench of experienced and knowledgeable team members who share with the company a deep understanding of the complex water cycles that typically occur in oilfields.
Purestream Services, Llc And Swire Announce A Capital Funding Transaction To Broaden Their Oilfield Water Treatment And Management Offerings
Purestream operates commercial systems for growers in Texas, Wyoming, Pennsylvania and Arkansas. Benefits of treatment and reuse include conserving water resources in dry basins, reducing trucking, and disposing of oilfield wastewater in conventional injection wells. As sustainability becomes more and more important to producers, communities and regulators, more producers are incorporating these environmental best practices of treatment and reuse into their drilling operations.
Swire is a highly diversified global group, with core business activities grouped into his five categories: real estate, aviation, agribusiness and food chains, marine services, trade and industry. Many of Swire’s core businesses are traditionally located in the Asia-Pacific region, primarily in Hong Kong and mainland China. Within Asia, Swire’s activities belong to Swire Pacific Limited, the Hong Kong listed arm of the Group. The Swire Group’s UK-based parent company, John Swire & Sons Ltd, holds his 48% stake in Swire Pacific, with major operating interests in Australia, Papua New Guinea, East Africa, Sri Lanka, the US, and the UK. has
John Swire & Sons Ltd was responsible for formulating and directing the strategy for the entire Group and today he oversees the recruitment, hiring and training of staff for the Group and its subsidiaries, which employ over 122,000 people worldwide. We provide a service.
A subsidiary of John Swire & Sons Ltd, Swire Oilfield Services provides a wide range of services to the global offshore energy industry. Swire Water Solutions is located in Spring, Texas. Part of container and tank rental company John Swire & Sons Ltd, which opened its North Sea operations in Aberdeen in 2012, he said sales fell 35% that year to £20 million. says.
Swire Fleet Brochure By Iris Cheng
Swire’s pre-tax loss from 2016 to his December included his £1m impairment charges against IT and software development costs.
Container and tank rental company Swire Oilfield Services reports a pre-tax loss of £8.2m for the year to December 2016.
The company is part of John Swire & Sons Ltd, which opened its North Sea operations base in Aberdeen in 2012, and banknote turnover fell by 35% to £20 million that year.
The loss before tax for the year included a further £1m impairment charge for IT and software development costs, which was included in the charge of £4.1m recorded in 2015, the Group Posted losses of £3.7m. .
Swire Shipping Scales Up Its Presence In The Pacific With New Office In Tonga
For IT projects, the group notes that a decision was taken in 2016 to “indefinitely postpone further investment in partially implemented projects.”
Swire Oilfield Services issued new shares again in 2016, noting that as a result a similar share issue was booked in 2015 resulting in an additional £10m of his share capital.
At the operating level, the loss widened from £7.3m in 2015 to his £7.9m in 2016.
Revenue fell 38% to £16.5m in the UK and 17% to £3.4m in the rest of the world.
Swire Energy Services Pte. Ltd.
The pre-impairment loss and Pension Plan loss after tax of £1.9m related to the funding of the defined benefit deficit increased to £6.8m from £1.2m in 2015.
Swire Oilfield Services expects its container and chemical tank rental business to “continue to grow”, noting that it achieved “satisfactory financial performance in a highly competitive and challenging market” during the fiscal year added.
Director George Shearer now reports in the Company’s House accounts that oil prices have hovered around the $50s range for some time after hitting a high of $115 a barrel in June 2014, but he believes prices are ” Fully recovered now.”
Shearer said Swire Oilfield Services will take “necessary steps” to ensure a sustainable future and monitor future investments accordingly.
Swire Appoints New Coo, Cto
You can save this story in My Bookmarks. Alternatively, you can go to the user his icon on the top right and search for it.
NEWS Dundee’s Electric Bike Rental Business Ride On Abolishes His Scotland Cash Flow Problems Lay All His Nine Staff
The clothing retailer’s 170 stores and about 2,000 employees are not part of the deal and will begin closing after Easter.
Universities and Colleges Development Partner explores new Heriot-Watt Innovation Hub Plans to expand the university’s existing research park could create 10,000 jobs.
Swire’s ‘next Chapter’ Ends As Scion Leaves Hong Kong
See the complete Top 500 list of Scotland’s Top 500 Companies for 2022
The developer claims to have made “substantial changes” following a number of concerns raised by the National Park Service, and our integrated maintenance and refurbishment services, including blasting, painting, cleaning and manufacturing, will improve the quality of the equipment. Secure.
Our team of experts and dedicated purpose-built facilities ensure that we are best positioned to deliver the highest quality asset management solutions to support your supply chain. Our team and facilities are the foundation for maintaining over 55,000 vehicles and supporting our clients.
Our certified paint inspectors will inspect your equipment on-site and suggest any necessary repairs.