NORWAY – Epi-V acquires 18% of Tarblaster

The investment will enable the business to scale up its new technology and begin commercialisation on the global oil sands market.

The company develops technology which aims to icrease the efficiency of the oil recovery process for oil sands, a bituminous material which is a mixture of sand, water and heavy oil. It was founded in 2006 by Olav Ellingsen, a serial entrepreneur in the sector.

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• Topics
• Expansion
• Nordics