OriginOil Signs First Technology Adopter After Launch of Showcase Site
OriginOil will collaborate with Israel's AquaGreen Fish Farms, Ltd to further streamline zero-discharge aquaculture systems for the production of chemical free seafood. The agreement followed a high-profile launch of OriginOil's Permanent Showcase in December.
President of France Visits OriginOil Joint Venture
President François Hollande visited Ennesys after receiving the "Innovation 2030" commission report. President Hollande toured the showcase site and praised Ennesys on state television. Soon afterward, Ennesys closed a funding round at $6 Million valuation, multiplying OriginOil’s stake by 30X.
OriginOil Completes Successful Demonstration Tour at Eagle Ford Formation in Texas
With OriginOil's first licensee planning a field unit in the first half of 2014, OriginOil presented to the Texas oil and gas industry and media. OriginOil has since opened a Houston office to better serve the oil and gas industry.
OriginOil Extends the Shelf Life of Algae
OriginOil reports that its algae harvesting process can reduce bacterial concentrations by as much as 99%. This could extend the shelf life of liquid algae concentrate from hours to days, addressing a key problem standing in the way of the multi-billion dollar algae industry. The results were achieved in lab tests under an independent university research program.
Oil and Gas News
OriginOil has developed a breakthrough water cleanup technology for the oil & gas, algae and other water-intensive industries.
Unlike other technologies, the company's patent-pending Electro Water Separation™ process rapidly and efficiently removes organic material from large quantities of water without the need for chemicals.
In oil & gas, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and make seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria. For a world short on fresh water, OriginOil is the lower-cost and cleaner answer.