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September 10, 2009 (FinancialWire) -- OMNI Energy Services Corp. (NASDAQ: OMNI | Quote | Chart | News | PowerRating) announced it has signed a two-year contract to deploy three IMPACT automated cleaning units on an offshore production platform in the Gulf of Mexico. OMNI expects the retrofit and installation to be completed within the next two months.
IMPACT's patent pending, proprietary technology is designed to significantly improve safety and efficiency of offshore tank and vessel cleaning. Its unique process uses the vessel's operating pressure and existing internal fluid to mechanically remove solid waste without the need to shut in production. Its retrofit application dramatically reduces confined space entry exposure. In addition, its environmentally sensitive design reintroduces polished fluid back into the production stream, thereby eliminating or significantly reducing fluid waste. IMPACT is able to extract solids from low-pressure applications, including separators, skimmers and heater-treaters.
"IMPACT represents a major process improvement for our customers," said OMNI president and chief executive officer Brian Recatto. "By reducing confined space entry exposure, maintenance downtime, and fluid waste, we expect IMPACT to transform conventional tank and vessel cleaning from a high risk, economically costly and environmentally damaging operation, to a safer, more cost efficient, environmentally sensitive process. We are eager to validate the technology to what we believe is an outstanding opportunity for long-term growth."
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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
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