STOCK TITAN

CYBER ENVIRO-TECH SECURES REGISTRATION WITH KUWAIT OIL COMPANY - POTENTIAL PROJECT VALUE OVER $100 MILLION ANNUALLY

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Cyber Enviro-Tech (OTCQB-CETI) has successfully registered with Kuwait Oil Company (KOC), the world's 10th largest oil producer, following a rigorous two-year process. This achievement has led to an invitation to bid on a produced water remediation project valued at over $100 million annually.

The company will demonstrate its Hybrid TDS SWD water remediation system, capable of removing contaminants at levels up to 400 times greater than EPA standards. The registration also provides access to Kuwait Petroleum 's network of refineries across multiple countries.

CETI's proprietary technology features Zero Liquid Discharge (ZLD) capability, potentially eliminating 90 million gallons of fluid daily from disposal and storage. The system can detoxify contaminated water in under 30 minutes for safe secondary use. This milestone was achieved through collaboration with their Middle East partner, Delta World Environmental Solutions of Istanbul.

Loading...
Loading translation...

Positive

  • Secured registration with Kuwait Oil Company (KOC), opening access to major Middle East markets
  • Invited to bid on $100+ million annual water remediation project
  • Technology demonstrates 400x better contaminant removal than EPA standards
  • Potential to eliminate 90 million gallons of waste fluid daily
  • Access to Kuwait Petroleum 's network across multiple countries

Negative

  • Registration process cost over $1 million
  • Project revenue still dependent on winning competitive bid
  • Technology benefits yet to be demonstrated in Middle East conditions

News Market Reaction 1 Alert

+4.96% News Effect

On the day this news was published, CETI gained 4.96%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SCOTTSDALE, Ariz., April 17, 2025 /PRNewswire/ -- Cyber Enviro-Tech, Inc. (OTCQB-CETI) today announced its successful registration with Kuwait Oil Company (KOC), the world's 10th largest oil producer. This milestone represents a major advancement in CETI's global growth strategy. The rigorous registration process, which can span over two years and exceed a million dollars in cost, offers no guarantee of acceptance which makes this achievement particularly noteworthy. As a result, CETI has been invited to bid on a produced water remediation project valued at more than $100 million annually.

"This registration marks a transformative opportunity for Cyber Enviro-Tech," said Kim D. Southworth, CEO. "In the coming weeks, we will showcase our unique Hybrid TDS SWD water remediation system during a benchmark presentation demonstrating its capability to remove contaminants at levels up to 400 times greater than EPA standards."

Southworth added that CETI's approval by KOC also unlocks broader access throughout the region via Kuwait Petroleum Corporation (KPC), KOC's parent company, which operates joint ventures with refineries in over a dozen countries. "This not only positions us to serve KOC but also enables business opportunities with companies and countries throughout the Middle East," he noted.

The Company's proprietary equipment, bio chemicals and processes, which have been tested and refined at sites in Oklahoma and Texas, feature convertible Zero Liquid Discharge (ZLD) capability.  This innovation could eliminate approximately 90 million gallons daily of fluid from current disposal and storage methods. The process detoxifies substantial volumes of contaminated water in under 30 minutes, paving the way for safe  secondary and tertiary uses, while significantly reducing environmental concerns.

The achievement follows more than a year of diligent collaboration with Cyber Enviro-Tech's exclusive Middle East partner, Delta World Environmental Solutions of Istanbul, Turkey (DELTA). Southworth credits DELTA's  CEO, Serdar Guerel, for his pivotal role in building relationships necessary to deploy CETI's advanced hybrid systems in a region facing severe environmental challenges.

"We are extremely pleased with the significant contributions and results achieved by Mr. Guerel and the DELTA team," Southworth added. "Their dedication has been instrumental in advancing environmentally responsible projects across Turkey and the Middle East. This, combined with being approved as a registered vendor with KOC, shifts our company's trajectory enabling us to drive sustainability, profitability, and stronger environmental compliance in one of the world's most critical energy markets."

ABOUT CYBER ENVIRO-TECH, INC.
Cyber Envıro-Tech, Inc. (CETI) operates internationally in eco-conscious oil sludge, water, and soil remediation projects. Using proprietary bio remedial materials and cutting-edge technologies, CETI effectively extracts and eliminates hazardous waste materials from sludge ponds, contaminated oil, industrial wastewater and soil. CETI's solutions integrate Fourth Industrial Revolution technologies, including machine learning, artificial intelligence, cloud computing, and SCADA systems, alongside non-chemical bioremediation techniques. The company specializes in cleaning oil sludge ponds, storage tanks, oil spills, mining sites, and other contaminated industrial wastewater sources.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that reflect CETI's expectations regarding future financial performance, project developments, regulatory approvals, and business strategies. These statements are not guarantees of future results, and actual outcomes may differ due to various risk factors, including regulatory changes, market fluctuations, and operational challenges.  CETI assumes no obligation to update any forward-looking statements to reflect changes in circumstances after the date of this release.

CONTACT:
Winston McKellar,
Dir of IR/PR
Cyber Enviro-Tech, Inc.
6991 E. Camelback Rd., Suite D-300
Scottsdale, AZ 85251
Website: www.cyberenviro.tech
866.687.6856

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyber-enviro-tech--secures-registration-with-kuwait-oil-company--potential-project-value-over-100-million-annually-302431304.html

SOURCE Cyber Enviro-Tech

FAQ

What is the value of the Kuwait Oil Company project that CETI is bidding for?

CETI has been invited to bid on a produced water remediation project valued at more than $100 million annually with Kuwait Oil Company.

How effective is CETI's water remediation system compared to EPA standards?

CETI's Hybrid TDS SWD water remediation system can remove contaminants at levels up to 400 times greater than EPA standards.

What is the processing capacity of CETI's Zero Liquid Discharge technology?

The technology could eliminate approximately 90 million gallons daily of fluid from current disposal and storage methods, with contaminated water detoxification taking under 30 minutes.

How long did it take CETI to secure registration with Kuwait Oil Company?

The rigorous registration process with Kuwait Oil Company typically spans over two years and can exceed a million dollars in cost.

What additional market access does CETI gain through the Kuwait Oil Company registration?

The registration enables CETI to access broader business opportunities through Kuwait Petroleum 's joint ventures with refineries in over a dozen countries throughout the Middle East.
Cyber Enviro-Tech Inc

OTC:CETI

CETI Rankings

CETI Latest News

CETI Latest SEC Filings

CETI Stock Data

17.48M
104.38M
20.13%
0.22%
Utilities - Regulated Water
Utilities
Link
United States
Scottsdale