CYBER ENVIRO-TECH SECURES REGISTRATION WITH KUWAIT OIL COMPANY - POTENTIAL PROJECT VALUE OVER $100 MILLION ANNUALLY
CYBER ENVIRO-TECH SECURES REGISTRATION WITH KUWAIT OIL COMPANY - POTENTIAL PROJECT VALUE OVER $100 MILLION ANNUALLY |
[17-April-2025] |
SCOTTSDALE, Ariz., April 17, 2025 /PRNewswire/ -- Cyber Enviro-Tech, Inc. (OTCQB-CETI) today announced its successful registration with Kuwait Oil Company (KOC), the world's 10th largest oil producer. This milestone represents a major advancement in CETI's global growth strategy. The rigorous registration process, which can span over two years and exceed a million dollars in cost, offers no guarantee of acceptance which makes this achievement particularly noteworthy. As a result, CETI has been invited to bid on a produced water remediation project valued at more than $100 million annually. "This registration marks a transformative opportunity for Cyber Enviro-Tech," said Kim D. Southworth, CEO. "In the coming weeks, we will showcase our unique Hybrid TDS SWD water remediation system during a benchmark presentation demonstrating its capability to remove contaminants at levels up to 400 times greater than EPA standards." Southworth added that CETI's approval by KOC also unlocks broader access throughout the region via Kuwait Petroleum Corporation (KPC), KOC's parent company, which operates joint ventures with refineries in over a dozen countries. "This not only positions us to serve KOC but also enables business opportunities with companies and countries throughout the Middle East," he noted. The Company's proprietary equipment, bio chemicals and processes, which have been tested and refined at sites in Oklahoma and Texas, feature convertible Zero Liquid Discharge (ZLD) capability. This innovation could eliminate approximately 90 million gallons daily of fluid from current disposal and storage methods. The process detoxifies substantial volumes of contaminated water in under 30 minutes, paving the way for safe secondary and tertiary uses, while significantly reducing environmental concerns. The achievement follows more than a year of diligent collaboration with Cyber Enviro-Tech's exclusive Middle East partner, Delta World Environmental Solutions of Istanbul, Turkey (DELTA). Southworth credits DELTA's CEO, Serdar Guerel, for his pivotal role in building relationships necessary to deploy CETI's advanced hybrid systems in a region facing severe environmental challenges. "We are extremely pleased with the significant contributions and results achieved by Mr. Guerel and the DELTA team," Southworth added. "Their dedication has been instrumental in advancing environmentally responsible projects across Turkey and the Middle East. This, combined with being approved as a registered vendor with KOC, shifts our company's trajectory enabling us to drive sustainability, profitability, and stronger environmental compliance in one of the world's most critical energy markets." ABOUT CYBER ENVIRO-TECH, INC. FORWARD-LOOKING STATEMENTS CONTACT:
SOURCE Cyber Enviro-Tech | ||
Company Codes: OTC-BB:CETI, OTC-PINK:CETI |