Questor wins $9-million contract with Mexican firm

Executive Summary

• Questor Technology Inc. has secured a $9-million contract to supply clean combustion solutions to a major energy services provider in Mexico.
• The agreement is structured as a rental arrangement spanning three years, aimed at reducing flaring and methane emissions for the client.
• The contract supports Questor's strategic expansion in global markets and aligns with the client's environmental goals, including achieving zero routine flaring by 2030.

Key Details

• Contract Value: $9 million.
• Counterparty: A large energy services provider in Mexico (specific name not disclosed).
• Contract Structure: Rental agreement for clean combustion solutions.
• Duration: Three years.
• Purpose: To significantly reduce flaring and methane emissions at the client's sites.
• Strategic Alignment: Supports the client's commitment to achieve zero routine flaring by 2030 and reduce methane emissions by 30% between 2020 and 2030, consistent with the Global Methane Pledge.
• Company Context: Questor designs, manufactures, and services high-efficiency clean combustion systems with 99.99% efficiency per ISO 14034 certification, targeting markets including oil and gas, landfill biogas, and waste heat recovery.

Notable Quotes

• "Questor is proud to partner with its partners in Mexico to responsibly and sustainably produce energy. This rental agreement underscores Questor's reputation for delivering cost-effective, high-performance technology and highlights its expanding presence in global markets."