Canadian Oil Recovery and Remediation Enterprises Ltd. announce that SAR AS, the MENA operating partner of CORRE in SAR-CORRE MENA Limited (SCM), has been awarded a major multi-million dollar contract by the Kuwait Oil Company (KOC) to treat oil based mud (OBM) drill cuttings (KOC Contract). Eighteen companies were approved by KOC to bid for this drill cuttings treatment project.

The KOC Contract includes the mobilization and construction of a fully equipped permanent facility to treat 26,000 tons of drill cuttings per year as specified in the contract. This facility will be built using the proven drill cuttings treatment technology and process of SAR's world class facility currently operating in Averoy, Norway, which has the capacity to treat 50,000 tons of drill cuttings per year.

Tags: Canadian Oil Recovery and Remediation Enterprises Ltd. (CORRE)