ENG Grants Exclusive Small-Scale GTL Marketing Rights To OiLSERV- Covering Iraq, Libya, Algeria, And The UAE

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Jul 21, 2022

HOUSTON, TX / ACCESSWIRE / July 21, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, today announced the signing of a marketing and technology agreement with OiLSERV FZCO, a prominent integrated oilfield services company in the Middle East and North Africa (MENA) region and headquartered in Dubai. Under the agreement, OiLSERV has paid ENG an undisclosed amount for the exclusive rights to market ENG's proprietary small-scale gas to liquids ("GTL") technology for a period of ten years in the countries of Iraq, Libya, Algeria, and the United Arab Emirates.