Northwire Canada EditionThursday, July 16, 2026
Northwire
HWY 0.370 +0.0% FCI 0.350 −7.9% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.398 −1.9% LOT 0.040 +0.0% CPL 0.210 +10.5% HWY 0.370 +0.0% FCI 0.350 −7.9% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.398 −1.9% LOT 0.040 +0.0% CPL 0.210 +10.5%
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CleanGo Innovations Inc. Announces Global Launch of MycoSet(TM) Remediation Suite; CleanGo Arabia LTD to Spearhead Expansion in Saudi Arabia and GCC

CGII · Price

Executive Summary

  • CleanGo Innovations Inc. announced the global commercial launch of its MycoSet™ oilfield remediation technology, beginning with operations in Saudi Arabia through its subsidiary CleanGo Arabia Ltd.
  • The rollout targets the GCC and broader Middle East markets, positioning MycoSet™ as a cost‑effective, water‑saving, biologically restorative alternative to traditional hydrocarbon cleanup methods.
  • The launch aligns with regional sustainability goals (e.g., Saudi Vision 2030) and is expected to reduce remediation logistics costs by up to 60% and water usage by 85%.

Key Details

  • Launch Scope: Global commercial rollout of MycoSet™ technology, led by CleanGo Arabia Ltd. (Saudi Arabian subsidiary).
  • Technology Components:
  • MycoSet™ fungal slurry delivery system.
  • BioIngress™ biostimulant – enhances bioavailability of hydrocarbons.
  • PhytoCentra™ surfactant – improves substrate penetration.
  • Operational Advantages:
  • Eliminates “dig and dump” excavation, cutting logistical costs up to 60%.
  • Requires 85% less water than conventional soil‑washing methods—critical for arid GCC regions.
  • Restores biological health of soils, allowing native flora to return (unlike thermal desorption).
  • Strategic Partner: Sanad Industrial Co., a subsidiary of EROG Holding, will localize and support the technology in Saudi Arabia, contributing to Vision 2030 objectives.
  • Market Impact: Targets major regional oil‑and‑gas operators seeking greener, lower‑cost remediation solutions; expected to set new industry standards in the GCC.
  • Leadership Quote: CEO Anthony Sarvucci highlighted the “paradigm shift” and emphasized that sustainability can be paired with profitability in oil services.

Notable Quotes

“The global launch of MycoSet™ represents a paradigm shift for the oil and gas industry… we are proving that sustainability and profitability can go hand‑in‑hand in the oil services sector.” – Anthony Sarvucci, CEO


Forward‑looking statements included; actual results may differ.

Read the original news release →

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