M Vest Water Announces Exclusive Agent Agreement with Invest Support Company for Market Penetration in Qatar, Bahrain, Oman and the Emirates

Bergen, Norway, February 7, 2025 – M Vest Water (EURONEXT: MVW) today announces that it has entered into an exclusive Agent Agreement with Invest Support Company (ISC) for the sales of MVW technologies in Qatar, Bahrain, Oman, Dubai and the Emirates. The duration of the agreement is 5 years. The exclusive Agent Agreement covers MVW's activities in the Oil & Gas market as well as other water treatment markets in these countries. 

With reference to the stock exchange notification from July 31, 2024, where MVW announced an exclusive agreement with Energy Support Trading (EST) for its business activities in Saudi Arabia and Kuwait, this new agreement with ISC ensures quality representation for MVW's entire Middle Eastern activities. ISC was established to support its sister company EST throughout the Gulf Cooperation Countries and the Emirates.

Both EST and ISC are dedicated to supplying Oil & Gas Industries, Energy, Sanitation, Desalination Sectors, and General Industries with water treatment solutions. EST and ISC represent a range of internationally reputed principals and are registered suppliers to leading Oil & Gas operators, accessing all major national and international O&G operators and IPC contractors in the Middle East.

                     
“MVW is very pleased to have entered into this extensive Agent Agreement with the sister company of the well-reputed and connected Energy Support Trading, which can access tenders with all major operators and IPC contractors in the Middle East. We have built up a solid tender portfolio during our cooperation so far, and we expect to accelerate this buildup across the entire region through our expanded cooperation,” comments MVW’s Executive Chairman, Tor Olav Gabrielsen.