News Archives 2010
November 29, 2010
ProSep soars on Saudi deal
Separation specialist ProSep said it signed an agreement with Bandariyah International Group of Saudi Arabia to market its produced water, oil and gas treatment technologies in the country. Read More.
ProSep signs local partner in Saudi Arabia
ProSep Inc has entered into a collaboration agreement with Bandariyah International Group, a supplier to the oil & gas and petrochemical industries in Saudi Arabia. Read More.
October 22, 2010
ProSep is number 14 on the 2010 Deloitte Technology Fast 500TM list.
The Deloitte Technology Fast 500 recognizes the fastest growing technology, media, telecommunications and life sciences companies in North America, based on percentage of fiscal year revenue growth from 2005-2009.
Read More of the Technology Fast 500TM brochure and rankings.
Watch the interview of Jacques L. Drouin (in French only).
October 6, 2010
Quebec takes strong lead in cleantech
The Montreal Gazette
The top Quebec company was Montreal's ProSep, which was ranked seventh. Overall, it was a record year for average growth among the Fast 50, with average five-year revenue expansion of 5,638 per cent. Read More.
August 24, 2010
ProSep gets $2,4 million in new contracts
The Montreal Gazette
Montreal's ProSep Inc., a specialist in water separation technology for the oil industry, said Tuesday it had won contracts worth $2.4 million from clients in the United States, Latin America and the Asia Pacific region. Read More.
Quebec's ProSep gets $2,4 million in contracts in global oil and gas industry
Canadian Business Online
Oil and water separation technology firm ProSep Inc. (TSX:PRP) has won contracts in the United States, South America and Asia Pacific worth a total of US$2.4 million, and says its backlog of order is at its highest in months. Read More.
August 11, 2010
ProSep breaks even for quarter
Canadian equipment-maker ProSep reported that its second-quarter net loss was C$304,679 or breakeven per share, compared to a loss of C$7.15 million or 11 Canadian cents per share in the same quarter last year. Read More.
August 9, 2010
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. Read More.
le 12 juillet
Sables bitumineux: ProSep veut reconquérir l'Ouest canadien
Journal la Presse
Après avoir claqué la porte de l'Ouest canadien parce qu'elle y jugeait l'industrie pétrolière «réfractaire» à l'adoption de ses technologies, la société montréalaise Prosep sent enfin les mentalités changer. Et veut maintenant refaire sa conquête de l'Ouest en bonne et due forme. Voir l’article sur le site de cyberpresse.ca.
July 12, 2010
ProSep secures contract for Canadian oil sands market
Scandanavian Oil and Gas Magazine
Rigzone Online Read More.
ProSep was awarded a $2.0 million (U.S.) contract to provide process engineering and specialized internals for crude separation. This contract was awarded through a commercial alliance with Edmonton-based engineering and manufacturing company Thermo Design (TDE) and will be installed at a super major oil and gas producer’s steam-assisted gravity drainage (SAGD) facility located in Alberta’s oil sands. Read More.
May 18, 2010
ProSep closes $3.7 Million Private Placement of Common Shares
The Montréal Gazette
Montreal's ProSep Inc., a developer, manufacturer and marketer of technology to separate oil, water and gas, said Tuesday it has completed the second tranche of a private placement of common shares announced May 6. It sold 8,080,769 shares at 13 cents a share to raise $1,050,500. This brings the total raised in the private placement to $3.7 million. Read More.
May 4, 2010
ProSep wins Dragados gig in Gulf of Mexico
Rigzone Online Read More.
ProSep has baged a contract to supply a water treatment system to Dragados Offshore for a Pemex platform in the Gulf of Mexico.The company said in a statement that the system is designed to treat 800 barrels of water per day, will remove free oil from the storm water/wash water drain system.
May 3, 2010
Schlumberger Using ProSep's TORRTM Produced Water Treatment Technology
Schlumberger Press Release
Schlumberger today announced at the 2010 Offshore Technology Conference the release of its ClearPhase* mobile testing discharge treatment. This new system, designed specifically for well testing, provides onsite discharge treatment and real-time monitoring with an auditable record of output quality. Read More.
le 5 avril, 2010
Jacques Drouin de ProSep: accro à la croissance
Journal La Presse
Son entreprise a enregistré la plus forte croissance de toutes les boîtes de technologie du pays au cours des cinq dernières années. Lui-même a figuré au palmarès des meilleurs gestionnaires de moins de 40 ans en 2008. Aujourd'hui, Jacques Drouin veut faire de ProSep une véritable multinationale. Quitte à empiéter, encore, sur ses heures de sommeil. Voir le communiqué de presse.
le 12 mars, 2010
ProSep victime du ralentissement
Journal La Presse
Des clients qui n'ont pas le coeur à dépenser, un contexte morose et un problème de dettes à régler: Prosep, qui fabrique des systèmes permettant de séparer l'eau du pétrole, ne s'ennuiera probablement pas de l'année 2009. Mais avec les pétrolières qui recommencent à magasiner, l'entreprise montréalaise espère être déjà en train de surfer sur une meilleure vague. Voir le communiqué de presse.
March 11, 2010
ProSep: Successfully Achieved Milestones in 2009
ProSep announced its financial results for the three and twelve-month periods ended December 31, 2009. All amounts are reported in Canadian dollars unless otherwise stated. Read More.
January 27, 2010
NCS to Utilize ProSep's Water Treatment System
ProSep was awarded a $3.6 million (CAD) contract to supply a proprietary CTour® produced water treatment system for an offshore redevelopment project located in the Norwegian Continental Shelf. Designed to treat 35,000 BWPD (barrels of water per day) the CTour® will retrofit an existing process to improve treatment capacity and efficiently remove dissolved hydrocarbons in produced water, allowing the producer to exceed strict overboard discharge regulations. Read More.
January 18, 2010
ProSep Provides Gas Membrane Equipment for EOR in Texas
ProSep was awarded a $3.5 million (U.S.) contract to provide gas membrane equipment to a large independent North-American oil and gas company. This system will be used for enhanced oil recovery (EOR) in Texas. Read More.
January 12, 2010
ProSep says Major O&G Producer Awards Produced Water Treatment Contract
Oilweek Magazine Online
Oilfield technology provider ProSep Inc. (TSX:PRP) said Tuesday that a major oil and gas producer has awarded it a contract to supply a water treatment system. ProSep, which develops technologies to separate oil, water and gas generated by oil and natural gas production, said the system will be able to handle 13,000 barrels per day. Read More.
ProSep in the News...