A local oil servicing company, volve Trading & Investment Limited, has signed a Memorandum of Understanding (MOU) with Awaritse Nigeria Limited; to introduce mini refineries with the capacity to process crude oil, water and also generate electricity.
The partnership was signed after meetings in London between Awaritse Nigeria Limited team and Evolve Trading & Investments, represented by the Senior Vice President, Mr. George Karstein Irvine, and Godwin Omar Atsimene Jnr.; Strategic Alliance Partner.
According to the Senior Vice President of Evolve, George Karstein Irvine, who said, “Our innovative refining technology is far ahead of the standard refining process, which does not produce the additional outputs of electricity and drinking water. The unit has been named, the ‘Genesis Life Cube (GLC)’ and is based on the context of creating life by producing the basic elements of water and light.
He added, Evolve feels that these are the first building blocks needed to expand the socio-economic benefits to communities where the Genesis Life Cubes are sited.”
The GLC has the ability to produce a basic yield of refined products designed for the local market as well as electricity and drinking water for local consumption.