STECH: Soiltech secures waste management contract in Norway

27.10.2026 08:04:50 CET | Soiltech ASA | Non-regulatory press releases

Soiltech ASA (OSE: STECH)
Sandnes, Norway, 27 October 2026

Soiltech ASA has been awarded a contract by an undisclosed operator to provide
waste management services in Norway on a mobile drilling unit. Operations are
expected to commence in the second quarter of 2027, with an expected duration of
two years.

Soiltech will provide a comprehensive range of waste management services on the
rig, including fluid treatment and solid waste management operations. The scope
of work includes Soiltech's SmartTransfer? system with remote operations
capabilities. The contract is classified as a large contract1 for Soiltech.

"We look forward to working with the client and delivering safe, efficient and
reliable services. This contract demonstrates the breadth of our service
offering and our ability to provide integrated waste management solutions," says
Jan Erik Tveteraas, CEO of Soiltech.

1. Contract sizes
A sizable contract has an estimated value of MNOK 5 - 10
A substantial contract has an estimated value of MNOK 10 - 20
A large contract has an estimated value above MNOK 20

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Jan Erik Tveteraas, CEO, Soiltech ASA 
 * Tove Vestlie, CFO / Investor Relations, Soiltech ASA,
   [email protected] 

ABOUT SOILTECH ASA

Soiltech is an innovative technology company specializing in the treatment,
recycling and sustainable handling of contaminated water and solid waste on
site. Our technologies enable cost savings and lower CO2 emissions through waste
reduction, waste recovery and reuse. Soiltech operates world-wide and is
headquartered in Norway.

ATTACHMENTS

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