[ad#The Buzz Sponsor Ad]

OriginOil to License CLEAN-FRAC Process to Pearl H2O

October 19, 2012
AlgaeIndustryMagazine.com

OriginOil, Inc. has announced that it has signed its first agreement to license OriginOil’s proprietary CLEAN-FRAC™ process to oil and gas water treatment firm Pearl H2O.

The agreement is the first in the company’s “Powered by OriginOil™” strategy of deploying their unique technology across global markets to Original Equipment Manufacturers (OEMs) who will integrate it seamlessly into their systems and under their own brand.

Pearl H2O intends to integrate OriginOil’s CLEAN-FRAC as the first step in its own continuous-process oil and gas frack water recovery and cleanup system. Pearl plans to deploy a showcase system before year-end, which is expected to result in first licensing revenues to OriginOil in early 2013.

Pearl H2O LLC is a newly funded Fountain Valley, California-based company founded by Pacific Advanced Civil Engineering (PACE)’s shareholders to develop new technology, primarily in the water and energy fields, and bring commercial viable solutions to the marketplace.

Under the terms of the OEM agreement, OriginOil has granted a non-exclusive license to Pearl H2O to bundle OriginOil’s high-speed and chemical-free CLEAN-FRAC technology with Pearl H2O’s frac water cleanup system, with royalties as a share of overall revenue paid to OriginOil.

OriginOil’s CLEAN-FRAC process is based on the company’s Solids Out of Solution™ technology that efficiently removes oils, suspended solids, insoluble organics and bacteria from produced or “frac flowback” water, on a continuous flow basis and without the use of chemicals.

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
If you’re a fan of the television show “Shark Tank”, you won't want to miss the episode that airs this Friday, November 18th 9:00-10:00 p.m. EST on ABC Television, when C...
Portuguese microalgae producer, Allmicroalgae Natural Products S.A., has moved to the next stage in development of new production technologies to grow Nannochloropsis oce...
Algae Health Sciences, Inc., a subsidiary of BGG, has announced that it has submitted a New Dietary Ingredient (NDI) to the US FDA for its flagship product AstaZine® Natu...
Forbes is running an interview with Bren Smith, an Ashoka Fellow and the founder of GreenWave, an organization dedicated to restoring oceans, mitigating climate change an...
Algatechnologies Ltd (Algatech), of Kibbutz Ketura, Israel, has become part of the FoodConnects consortium, as winner of a pan-European competition for the Food4Future pr...
In one of the most comprehensive studies to date, University of North Carolina at Chapel Hill researchers have sequenced the genes of a harmful algal bloom, unveiling nev...