EUROPLASMA: New milestone reached for the Field Intelligence Energy subsidiary

Europlasma, specialist in the treatment of hazardous waste and decarbonization, announced the signing of a memorandum of understanding between Green Barrel, a 100% subsidiary of Field Intelligence Energy (FIE) and the Dutch group Inspector BV. This agreement provides for the entry of Inspector BV into the capital of Green Barrel up to 50% for 2 million dollars.

Green Barrel focuses on developing technology to clean up the oil industry to create a “Green Barrel”. This investment aims to provide FIE with the financial means to acquire permits to exploit large oil fields in Latin America.

Since 2020, FIE aims to become the first producer of carbon-free barrels of oil thanks to a portfolio of complementary technologies.