Onterris wins $9M in new awards from long-term energy client
Onterris (NYSE: ONT), an environmental solutions company based in Little Rock, Ark., announced it secured more than $9 million in new project awards from an unnamed global integrated energy company in the first half of 2026.
The awards build on a five-year contract granted in 2025 covering global assessment, remediation, and reclamation work, as well as a relationship spanning more than 20 years. The scope of services between the two companies has grown nearly tenfold over the past decade, according to the company's statement.
Onterris said the new awards cover services across upstream, midstream, and downstream operations, including air quality and emissions monitoring, methane measurement and verification, leak detection and repair, contaminated site assessment, remediation, reclamation, and asset retirement planning.
The company also cited expanded international work that includes methane reduction initiatives, emissions monitoring, environmental auditing, and hydrogen-related technical services across North America, Europe, the Middle East, and Asia-Pacific.
"Long-term partnerships with global energy leaders are built on consistent performance, technical expertise, and the ability to solve demanding challenges," said Vijay Manthripragada, Chief Executive Officer of Onterris.
Canada is described as a central part of the relationship, where Onterris said it has managed asset retirement and liability management programs for more than a decade.
