Ovivo Inc. ("Ovivo") has been awarded a major contract to design and supply modular fresh water makers for an offshore oil production platform located in the North Sea. Ovivo's scope of work includes the supply of a filtration plant and a custom engineered fresh potable water maker package, through its heritage brand Caird & Rayner Clark, which is based upon reverse osmosis technology to treat seawater. The contract value is approximately $8 million Canadian and the equipment is scheduled for delivery in December 2016.
"This large contract is the latest of a series of orders booked in the energy market since January, which bodes well for the remaining of the current fiscal year in this key segment," said Marc Barbeau, President and Chief Executive Officer. "Our global platform continues to be a key advantage for us in order to reach our customers across the world and supply our high specification water treatment technologies," added Mr. Barbeau.