Ecoteq Energy ASA and Valkor LLC secure long-term agreements for production in Utah, USA.
OSLO - December 7, 2023 – Ecoteq Energy ASA, a forward-thinking clean-tech energy company developing an environmentally friendly oil and bitumen production process with its main assets in Utah, USA is announcing the signing of three agreements with industry leader Valkor LLC, an Engineering, Procurement, and Construction (EPC) agreement for its upcoming production units, a Management Operations and Services agreement and a Framework Agreement that secures future reserves and Ecoteq's growth potential in the region. Civil works are scheduled to begin in April 2024, with an anticipated