US-based, clean water technology company Mycelx Technologies has signed a marketing and distribution agreement with Schlumberger company Cameron.
Under the agreement, Schlumberger will have exclusive rights to distribute Mycelx products in the upstream oil and gas market.
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Both Mycelx and Schlumberger will collaborate to speed up the industry adoption of the former’s new Regen product line as the water treatment method of choice in the upstream market.
For all its products and services, Mycelx plans to retain its existing business in the downstream market.
Mycelx Technologies CEO Connie Mixon said: "We are extremely pleased to be working with Schlumberger to bring our products to their global upstream customer base.
"This agreement is in line with our focus on establishing strategic alliances to leverage sales and marketing channels globally.
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By GlobalData"We believe the Regen product is a paradigm shift for upstream producers, whereby it allows them to meet their produced water treatment needs and provides meaningful cost savings."
Mycelx systems are used across the globe and are cleaning water within extreme environments.
They are deployed as emergency support for conventional systems failing to meet removal requirements and also to replace conventional systems with a better solution.
