BPC Secures Orders from Leading Multinational Oil & Gas Company for Biomethane Production

Source: www.gulfoilandgas.com 10/8/2024, Location: North America

BPC Instruments AB (publ) (“BPC”) is pleased to announce two consecutive purchase orders from the California-based branch of a major multinational oil and gas company, headquartered in London. The orders, which include two BPC® Core units and one BioReactor Simulator III DUO, have a combined value of approximately SEK 1.1 million. These two new orders bring the total value of purchases from this customer over the past one year to SEK 2.6 million. The instruments will play a crucial role in supporting the customer’s renewable natural gas (RNG) initiatives in the expanding North American market. Revenue from these two orders is expected to be recognised in the fourth quarter of this year.

CEO Dr. Jing Liu comments:
"We are delighted to continuously receive purchase orders from this leading multinational petroleum company, highlighting the customer satisfaction with our diverse product portfolio and dedicated support provided by the BPC team. This ongoing collaboration sets a strong example for other major industrial clients considering investments in biogas and biomethane production. The order also emphasises the importance of feedstock identification, quality control, and process optimisation in biogas production, showcasing the effectiveness of BPC’s comprehensive analytical solutions for the biogas and biomethane sectors."

BPC has received two new consecutive purchase orders from the California-based branch of a prominent multinational oil and gas company headquartered in London. The order includes the delivery of two BPC® Core units and one BPC® BRS III DUO, with a total value of approximately SEK 1,1 million. Revenue from this order is expected to be recognised in Q4 this year.


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