SulphCo Announces Master Services Agreement with Mustang International, L.P. SPARKS, Nev., April 4 /PRNewswire-FirstCall/ -- SulphCo, Inc. (Amex: SUF) announced today that it has signed a Master Services Agreement with Mustang International, L.P. whereby Mustang will provide overall program and construction management for SulphCo's 210,000 bbl/day Sonocracking(TM) joint venture in Fujairah, United Arab Emirates. Mustang, located in Houston, Texas, is part of the international energy services company, John Wood Group PLC ("Wood Group").
"As we are now entering the construction phase of our project in Fujairah, we are very pleased to align our company with Mustang, which is internationally recognized as a leader in the engineering and construction management business," said Rudolf Gunnerman, Chairman and Chief Executive Officer of SulphCo, Inc. "We intend to extend our alliance with Mustang on our planned expansion in Fujairah and other business opportunities, as we implement the Sonocracking(TM) technology with new clients around the world."
John W. Dalton, Sr. Chief Operations Officer and Manager of Mustang's Process and Industrial Business Unit, said, "We are pleased to be joining with SulphCo at this exciting stage of their transition from research and development to a commercial enterprise. We believe that with our international engineering, procurement and construction management experience, along with the resources of Wood Group, we can make a significant contribution to SulphCo."