• Streamline and Zamil Group Trade & Services have joined forces to provide cutting-edge H₂S treatment solutions for upstream, midstream and downstream energy applications throughout the Kingdom of Saudi Arabia
• The partnership strategically positions Streamline to support the largest oil and gas operations in the world with a proven technology that improves ESG performance
• The partnership accelerates Streamline’s global growth plan into a key growth market
• This is the second partnership focused on the Middle East market Streamline has announced in the past three months

SAN ANTONIO, TEXAS AND DAMMAN, SAUDI ARABIA, January 12, 2022 – Streamline Innovations, Inc. (Streamline) and Zamil Group Trade & Services (Zamil), a trading company and supplier to the energy industry, are pleased to announce a partnership to market and deploy Streamline’s environmentally forward treatment solutions for hydrogen sulfide (H₂S) in the Kingdom of Saudi Arabia (KSA). Under the terms of the Agreement, Zamil is serving as Streamline’s agent in the KSA.

This business initiative comes at a time when the collective Middle East energy industry is moving toward more sustainable operations aimed at improving Environmental, Social and Governance (ESG) performance. Saudi Arabia recently announced its intent to reach net-zero greenhouse gas emissions by 2060 by implementing a diverse set of initiatives in the Kingdom aimed at protecting the environment and addressing climate change. More specifically, Saudi Aramco, the world’s largest energy company, previously committed to the World Bank Initiative “Zero Routine Flaring by 2030.”

Crude oil and natural gas production streams are often contaminated with H₂S, which represents a serious hazard to human health and is highly corrosive to infrastructure. This “sour” gas is routinely flared to destroy the H₂S, but flaring results in the generation of sulfur dioxide (SO₂) emissions, which contributes to environmental hazards, including acid rain and respiratory ailments in humans.

To utilize sour oil and gas for beneficial uses, such as power generation, it must be treated to remove the H₂S. Conventional treatment methods are typically expensive, generate negative downstream effects and do not permanently prevent the H₂S from reconstituting itself. Streamline and Zamil are partnering to provide vital H₂S treating services throughout the KSA with the VALKYRIE™ and TALON® solutions, which safely break down H₂S at the molecular level into elemental sulfur.

The partnership will focus on initiatives and other opportunities designed to reduce or eliminate H₂S and SO₂ emissions while creating sustainable, usable energy in the form of clean natural gas or electricity and facilitate capture and use of related carbon dioxide (CO₂) streams. Streamline’s biodegradable chemistry and cutting-edge technology delivers the next-generation Redox process, converting toxic gas into elemental sulfur that can be utilized for organic food production, while providing the lowest overall lifecycle cost.

“Partnering with Zamil is an important part of our international growth plan to bring our environmentally forward solutions to Saudi Arabia and the Gulf, one of the world’s most important energy producing regions,” said David Sisk, CEO of Streamline Innovations. “As momentum grows to achieve net-zero emissions and mitigate climate change, Streamline’s solutions are poised to play a significant role in achieving environmental performance objectives. Zamil is an established, well-respected company with a long track record of successfully introducing new technology to Saudi Arabia and beyond. This is the second partnership in the Middle East we have announced in the past three months, which is a testament to the growing momentum in the demand for our innovative, technology-based solutions that simultaneously add economic value while improving environmental performance.”

“The establishment of this relationship with Streamline Innovations comes at an important time for the Kingdom of Saudi Arabia,” said Khalid Al Zamil, Chairman. “The KSA has made meaningful commitments to achieve net-zero emissions and improve sustainability. We believe novel and effective technologies, like those offered by Streamline, offer the best alternatives for achieving the Kingdom’s environmental goals in the shortest amount of time. Streamline’s solutions strengthen our portfolio of technology and services to help the KSA maintain its role as the world’s key supplier of responsibly sourced energy.”

Streamline brings its environmentally forward technology and technical expertise to the partnership, while Zamil provides access and entry to the Saudi Arabian market, local expertise, infrastructure and established customer relationships, including Saudi Aramco.

About Zamil Group Trade & Services

Zamil Group Trade & Services was formed in the mid-1930s. We function as partners to overseas manufacturers, and we are proud to represent many well-known international companies, trading establishments, services and consultancy firms. Our vast experience and enthusiastic team of experts has made us the friendliest and most welcomed supplier to our esteemed clients.

We are registered as an approved supplier with all major companies in the Kingdom of Saudi Arabia like ARAMCO, SABIC, SWCC, SEC, MARAFIQ, KJO, MOW and Consulting Firms.

Our products and services cater for sectors as diverse as Oil & Gas, Power, Chemical, Petrochemicals, Mechanical, Non-Metallic, Steel & Metrological, Electrical, Instrumentation, and Materials Handling. We are well known for constantly encouraging innovation and modern technologies. Our services and outstanding logistical support to our clients has given us the competitive edge over others in Saudi Arabia and GCC countries.

Zamil Group Trade & Service is affiliated to Zamil Group. Visit www.zamilts.com for more information.

About Streamline Innovations

Streamline Innovation’s vision is Eliminating Emissions Through Technology.  We help heavy industry around the world achieve environmental performance objectives, improve sustainability, and transition to a sustainable, low-carbon economy. 

Streamline’s environmentally forward H₂S treating solutions help achieve the “E” in ESG. H₂S is present in many industrial processes throughout the world.  Our technology can be applied across industries, delivering a sustainable solution that eliminates H₂S, a leading cause of human inhalation accidents and SO₂ emissions when burned, a primary cause of acid rain. TALON® chemistry treats effectively in both gas and water phases.

We also believe that achieving ESG directives requires data. Creating intelligent systems that operate effectively and efficiently without human intervention is critical to measuring and reducing emissions that harm the environment.  We integrate advanced process control, data collection and analytics in our technologies to provide a total solution for customers.

We serve organizations in multiple sectors, including Energy/Oil & Gas, Biogas, Landfill Gas & Renewable Fuels, Municipal Wastewater and Industrial Air & Water. Visit streamlineinnovations.com for more information.

Contacts

Streamline Innovations

Steve Bagley
Director, Corporate Development
Streamline Innovations, Inc.
steve.bagley@streamlineinnovations.com

EMDAD

Osama Salah
General Manager
Zamil Group Trade & Services Co. Ltd
osama.salah@zamilts.com

SOURCE: Streamline Innovations, Inc.

• Proceeds will be used to address growing demand for Streamline’s solutions and fund the construction of new VALKYRIE™ hydrogen sulfide (H₂S) treatment plants for new customers
• New plants are contracted under long-term leases and significantly increase the size of Streamline’s rental fleet of treatment plants
• In addition to eliminating poisonous H₂S gas, the new VALKYRIE plants will have the combined capacity to reduce toxic sulfur dioxide (SO₂) emissions by an estimated 5 million pounds annually by eliminating routine flaring
• VALKYRIE plants help customers improve environmental performance and achieve their ESG goals

SAN ANTONIO, TEXAS, December 2, 2021 – Streamline Innovations, Inc. (“Streamline”), the leader in environmentally-advanced treatment solutions for hydrogen sulfide (H₂S), announced today that it closed on a Senior Secured Term Loan (the “Financing”) on November 23, 2021. The Financing is a Delayed Draw Term Loan and is structured as a Sustainability-Linked Loan to facilitate and support environmentally sustainable economic activity and growth.  

Proceeds from the Financing will be used to construct VALKYRIE plants for treating natural gas production streams contaminated with toxic and corrosive H₂S.  The plants will be built for new Streamline customers in the energy sector and are expected to be placed into service during the first half of 2022.

The financing is being provided by Riverstone Credit Partners, LLC, a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (“Riverstone”).

Streamline’s patented chemistry and processes convert toxic H₂S into water and pure elemental sulfur, which can be cleanly disposed of or used as fertilizer for agricultural purposes, unlike many other solutions which result in hazardous or toxic byproducts that require special handling.  The result is an environmental performance solution that allows companies to achieve sustainability objectives in a cost-efficient manner.

“Demand for our environmentally-forward solutions is accelerating rapidly, driving our need to secure additional financial resources,” said Chip Van Os, Chief Financial Officer.  “We are excited to partner with Riverstone on this financing, which comes at the perfect time.  Energy companies are committed to reducing their environmental footprint by seeking clean solutions to safely remove H₂S from production streams and eliminate the flaring of toxic sour gas, which in turn eliminates SO₂ emissions.  Our ability to provide green, innovative solutions that deliver attractive economics to our customers uniquely positions us to be a leader in addressing H₂S challenges in all of the markets we serve.”

Chris Abbate, a Partner at Riverstone, said, “We are pleased to partner with Streamline to expand their VALKYRIE treatment plant footprint.  Streamline has a demonstrated track record of helping its customers across multiple end markets improve environmental performance, reduce emissions and achieve ESG goals.”

About Streamline Innovations

Streamline Innovation’s vision is Eliminating Emissions Through Technology.  We help heavy industry around the world achieve environmental performance objectives, improve sustainability, and transition to a sustainable, low-carbon economy.

Streamline’s environmentally-forward H₂S treating solutions help our customers achieve the “E” in ESG. H₂S is present in many industrial processes throughout the world, and our technology can be applied across industries, delivering a sustainable solution that eliminates H₂S, a leading cause of human inhalation accidents, corrosion and SO₂ emissions, a primary cause of acid rain.

We also believe that achieving ESG directives requires data. Creating intelligent systems that operate effectively and efficiently without human intervention is critical to measuring and reducing emissions that harm the environment.  We integrate advanced process control, data collection and analytics in our technologies to provide a total solution for customers.

We serve organizations in multiple sectors, including Energy/Oil & Gas, Biogas, Landfill Gas & Renewable Fuels, Municipal Wastewater and Industrial Air & Water.

About Riverstone Holdings LLC

Founded in 2000, Riverstone is an investment firm focused on executing private equity and credit investments in energy, power, decarbonization and infrastructure. To date, the Firm has raised approximately $43 billion of capital, which it has deployed across its platform to over 200 portfolio companies since inception. For more information about Riverstone, please visit www.riverstonellc.com.

Contacts

Streamline Innovations
Chip Van Os
Chief Financial Officer
Streamline Innovations, Inc.
chip.vanos@streamlineinnovations.com

Riverstone Holdings LLC
Adam Kneller
Managing Director, Head of Credit Investor Relations
akneller@riverstonellc.com
212-271-2941

• Streamline and EMDAD have teamed-up to provide H₂S treatment solutions in a region home to some of the world’s largest oil fields impacted by H₂S
• EMDAD is an established oilfield service and technology provider serving upstream and downstream markets in the Middle East
• The partnership accelerates Streamline’s global growth plan into a key growth market

SAN ANTONIO & ABU DHABI, OCTOBER 14, 2021 – Streamline Innovations, Inc. (Streamline) and EMDAD LLC, an Abu Dhabi-based integrated solution provider for the energy sector (EMDAD) are pleased to announce a collaborative initiative to market and deploy Streamline’s environmentally forward treatment solutions for H₂S and CO₂ to EMDAD’s clients in the United Arab Emirates. Under the terms of the Agency Agreement, EMDAD will represent Streamline in the U.A.E. with prospective clients.

The sales and marketing initiative comes at a time when the global energy industry is moving towards the goal of achieving net-zero emissions and eliminating the routine flaring of natural gas. In response to growing momentum to improve Environmental, Social and Governance (ESG) performance, U.A.E. and other oil producing nations in the Middle East are transitioning to more sustainable and environmentally friendly operational practices.

Instead of flaring H₂S-contaminated natural gas that is produced in association with crude oil, producers in the region are seeking innovative cost-effective methods to treat contaminated gas and employ it for beneficial uses. Streamline technology destroys H₂S and converts it into Simple Elemental Sulfur™, which is listed with the Organic Material Review Institute (OMRI) for use in Organic Production.

“We are excited to partner with EMDAD to bring our innovative, environmentally forward solutions to the clients and citizens of the U.A.E., accelerating our growth into one of the world’s most important oil and gas producing countries,” said David Sisk, CEO of Streamline Innovations. “Our solutions can help oil and gas producers achieve their ESG mandates, eliminate routine flaring of contaminated gas and reduce emissions, typically while generating additional revenue. EMDAD is an ideal partner to help us enter the U.A.E. market with their established presence, well trained staff, and knowledge of the unique challenges faced by operators in the region.” 

“The establishment of this relationship with Streamline Innovations comes at an opportune time for both our clients and our company,” said Mohammed Juma Al Bawardi, Chairman of EMDAD. “Our clients are seeking new, innovative approaches that not only help them achieve their environmental performance goals, but also generate more revenue. Streamline’s solutions are aligned with these objectives, and we anticipate their technologies will be a key factor in strengthening relationships with existing clients and attracting new business.”

Streamline brings its technology based VALKYRIE™ H₂S treatment solution and technical expertise to the partnership, while EMDAD brings local connections, existing client relationships and local knowledge of the U.A.E. market, including ADNOC. This combination provides oil and gas producers in the region with proven solutions for treating H₂S and achieving ESG mandates, supported by a reliable and professional local team.

About EMDAD LLC

EMDAD is an Integrated Service Provider to the Energy, Utilities and Industrial sector in the UAE and the region.  Since its inception in 1979, EMDAD has kept pace with steady global development of technologies and the fast growth of the United Arab Emirates nation in the Energy and Industrial sectors. Today EMDAD has a balanced portfolio of services in both the Upstream and Downstream value chain of its customers that cover Well Construction, Well Intervention, Drilling Waste Management, Asset Integrity and complete range of Maintenance and Turnaround Services.  Its focus for the next decade is organic growth and expansion into the Digital Solutions and ESG initiatives. Visit www.emdad.ae for more information.

About Streamline Innovations

Streamline Innovation’s vision is Eliminating Emissions Through Technology.  We help heavy industry around the world achieve environmental performance objectives, improve sustainability, and transition to a sustainable, low-carbon economy. 

H₂S is present in almost every industrial process in the world.  Our technology can be applied across industries, delivering a sustainable solution that eliminates H₂S, the leading cause of  acid rain, a deadly greenhouse gases dangerous for work and living environments.

Streamline believes that achieving the E (“Environmental”) in ESG requires data. Creating intelligent systems that operate effectively and efficiently without human intervention is critical to reducing emissions that harm the environment.   We integrate advanced data collection, process control, and analytics in our technologies to provide a total solution for customers.

We serve organizations in multiple sectors, including Energy/Oil & Gas, Biogas, Landfill Gas & Renewable Fuels, Municipal Wastewater and Industrial Air & Water.

Contacts

Streamline Innovations

Steve Bagley
Director, Corporate Development
Streamline Innovations, Inc.
steve.bagley@streamlineinnovations.com

EMDAD

Sreedharan Sujeendran
Director, Products & Solutions
EMDAD LLC
ssujeendran@emdad.ae

SOURCE: Streamline Innovations, Inc.

• Founded in 2016, the innovative technology company has seen increasing demand from heavy industry for environmental performance solutions
• VALKYRIE™ product line offers the widest operating range of H₂S and CO₂ treatment for Energy, Renewable Fuels, Wastewater, Landfill Gas, Biogas and Industrial processes

SAN ANTONIO, TEXAS, AUGUST 18, 2021 – Streamline Innovations, Inc. (“Streamline”), the leader in environmentally forward treatment solutions for H₂S and CO₂, today celebrates five years of helping customers improve their environmental performance and sustainability goals. Streamline’s solutions are used by leading companies and municipalities in Energy, Wastewater, Renewable Fuels, Landfill Gas, Biogas, and Industrial processes. 

Streamline was founded in 2016 with the core focus of providing H₂S treatment solutions. Beginning with a single project in South Texas, Streamline has grown and expanded from its roots in oil and gas to serving renewable fuels and heavy industries globally.  Since that time, the company has grown to a team of more than 60 employees.

David Sisk, Streamline’s Co-Founder and CEO said, “This is an exciting time for Streamline, as our core business continues to grow and reach critical mass in Texas and New Mexico, and the company expands into new geographies and market segments.  I could not be more proud of the talented and hardworking team we have built at Streamline, and held together through the challenges of 2020. 

“We are helping companies and municipalities address their H₂S in a cleaner, safer, and more reliable way.  Our team has adopted the vision of ‘Eliminating Emissions through Technology,’ and our technology and culture position us to play a significant role in the Energy Transition and global ESG initiatives.”

VALKYRIE™ Product Line Expansion

The VALKYRIE™ solution, Streamline’s flagship product, uses biodegradable chemistry that converts H2S into agricultural-grade elemental sulfur, which can be used for fertilizer to grow food.  Streamline’s solutions are integral to transitioning to a circular economy and improving the sustainability of industry in a cost-effective way.

The core VALKYRIE product has evolved into a comprehensive product lineup and offers the widest operational range of H₂S treatment capability available today.  Significantly, the VALKYRIE product line now includes treating of CO₂ streams that contain contaminants, an important element for Carbon Capture Utilization and Storage (CCUS).

New Corporate Website

Streamline launched a new website to reflect the company’s identity, growth, and diversification. 

“Our new website better reflects Streamline’s support for our customers to achieve their ESG directives in a cost-effective way, and our commitment to helping heavy industry address air pollution,” said B.G. Clark, Chief Development Officer.

About Streamline Innovations

Streamline Innovation’s vision is Eliminating Emissions Through Technology.  We help heavy industry around the world achieve environmental performance objectives, improve sustainability, and transition to a sustainable, low-carbon economy. 

H₂S is present in almost every industrial process in the world.  Our technology can be applied across industries, delivering a sustainable solution that eliminates H₂S, the leading cause of  acid rain, a deadly greenhouse gases dangerous for work and living environments.

Streamline believes that achieving the E (“Environmental”) in ESG requires data. Creating intelligent systems that operate effectively and efficiently without human intervention is critical to reducing emissions that harm the environment.   We integrate advanced data collection, process control, and analytics in our technologies to provide a total solution for customers.

We serve organizations in multiple sectors, including Energy/Oil & Gas, Biogas, Landfill Gas & Renewable Fuels, Municipal Wastewater and Industrial Air & Water.

Contact:

B.G. Clark
Chief Development Officer
Streamline Innovations, Inc.
bg.clark@streamlineinnovations.com

SOURCE: Streamline Innovations, Inc.