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Water Standard Sells Minority stake to Mitsui as Mitsui Makes its First Investment in Enhanced Oil Recovery Services

Mitsui is one of the most diversified and comprehensive trading, investment and service enterprises in the world, with 154 offices in 69 countries as of April, 2012. Utilizing the global operating locations, network and information resources, Mitsui is multilaterally pursuing business that ranges from product sales, worldwide logistics and financing, through to the development of major international infrastructure and other projects in the following fields, Iron & Steel Products, Mineral & Metal Resources, Infrastructure Projects, Motor Vehicles, Marine & Aerospace, Chemicals, Energy, Foods & Retail, Consumer Services, Information, Electronics and Telecommunications, Financial Markets and Transportation Logistics. For more information, visit: http://www.mitsui.com/jp/en/index.html.

About Water Standard
Water Standard is a private company founded in 2008 with primary financial sponsorship from Och-Ziff Capital Management LLC and its affiliated funds and the Ospraie Special Opportunities Fund. Water Standard is a global water treatment specialist and recognized leader in delivering innovative desalination, water-based enhanced oil recovery and produced water solutions to the onshore and offshore oil & gas industry. The Company uses proprietary designs and processes employing proven technologies incorporated into modular offshore and onshore customized water treatment systems. Water Standard offers flexible contract options for products and services ranging from specialized engineering and design to turnkey and fully outsourced OPEX solutions. For more information visit: http://www.waterstandard.com.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebwaterstandardmitsui/05/prweb9555352.htm

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