ENGlobal Corporation

Houston, tx accesswire february 2, 2023 englobal corporation ( nasdaq eng) (" englobal" or the " company"), a leading provider of complete project solutions for renewable and traditional energy, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 3,971,000 shares of its common stock ( the " shares"), in a registered direct offering ( the " offering") and warrants to purchase up to 3,971,000 shares of its common stock ( the " warrants"), in a concurrent private placement ( the " private placement"). the combined purchase price for one share and one warrant will be 0.85.

Houston, tx accesswire february 1, 2023 eng ( nasdaq eng), a leading provider of innovative project delivery solutions for the energy industry, today announced it has received an award valued at over 9 million from calgary based reconciliation energy transition inc. ( reti) to perform the front end engineering and DES ign (" feed") work for a 6,500 barrel per day ( bpd) sustainable aviation fuel ( saf) and renewable diesel ( rd) project as part of reti' s calgary region green energy industrial park. the project, awarded to eng on january 27, will commence immediately and is expected to be completed this year.

Houston, tx accesswire november 30, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions for the energy industry, today said that six contract awards announced on the company' s november 8, 2022 third quarter results conference call will produce minimum combined revenue of over 12 million, most of which will be recognized in this year' s fourth quarter. the awards, which were received thus far in the fourth quarter, include construction installation services related to two solar farm projects in texas; signing of a master services agreement ( msa) with a leading integrated oil services company ( ioc) resulting in construction and fabrication services for produced water booster station upgrade projects; construction of remote instrument enclosures for a leading ioc in houston; construction and fabrication services for multiple compressor station upgrade projects in west texas; and engineering, procurement and construction services for a methanol prover and metering upgrade, compression station upgrades, fabrication of separators and related piping for multiple midstream oil and gas operators out of west texas and new mexico.

Houston, tx accesswire september 1, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions, today announced that its wholly owned subsidiary, englobal government services, inc. (" egs"), has been awarded its first task order, referred to as the seed project, valued at approximately 2.6 million, under a 20 million ID iq contract with the us army corps of engineers (" usace") announced on august 18. as per the task order, egs will provide engineering and technology services to support and upgrade control system installations at hydroelectric facilities within the usace' s south atlantic region.

Houston, tx accesswire august 18, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions, today announced that its wholly owned subsidiary, englobal government services, inc. (" egs"), has been DES ignated as one of three prime contractors by the us army corps of engineers (" usace") on a 20 million five year contract to support and upgrade control system installations at hydroelectric facilities within the usace' s south atlantic region. as per the terms of the contract, egs will compete with the other two contractors for the award of task orders for such assignments as technology upgrades and refreshes of existing systems, new system DES igns and installations, and life cycle maintenance of new and existing systems.

Houston, tx accesswire june 10, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions for the energy industry, today reported that the company' s 2022 annual stockholders' meeting was held yesterday morning in houston. approximately 61% of eng' s total common stock outstanding was represented at the meeting, either in person or by proxy.

Houston, tx accesswire may 19, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions for the energy industry, today announced the acquisition of calvert group belgium ( calvert) and its exclusive license to PAT ented gas to liquid ( gtl) technology to convert flare gas and stranded gas to SYN thetic liquids such as crude oil or diesel. calvert' s gtl process has been recognized by the world bank' s " global gas flaring reduction partnership" ( ggfr) as one of the leading technologies in small scale gtl for flare gas recovery.

Houston, tx accesswire may 5, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions for the energy industry, today announced that, for the first quarter ended march 26, 2022, it reported a net loss of 3,620,000, or (.10) per share, on revenue of 7,366,000, compared to net income of 46,000, or .00 per share, on revenue of 12,449,000 for the first quarter ended march 27, 2021. " while our first quarter 2022 financial performance was still adversely affected by the lingering disruptions to our business caused by covid 19," said chief executive mark hess, " we see solid signs that these disruptions are fading and that we are well positioned to make a turnaround this year.

Houston, tx accesswire april 28, 2022 eng ( nasdaq eng), a leading provider of innovative project delivery solutions for the energy industry, today announced that its wholly owned subsidiary, englobal government services, inc. ( egs), has been awarded a contract to implement a supervisory control and data acquisition ( scada) system for a large midwestern public school district. a scada system is a large network using a combination of hardware and SOF tware to capture data, including video, and enable the automation of processes.

Houston, tx accesswire april 27, 2022 eng ( nasdaq eng), a leading provider of innovative, project delivery solutions for the energy industry, today commented on its previously announced project to DES ign and build a renewable diesel and sustainable aviation fuel plant. as first announced on february 22 this year, eng will utilize its modular execution strategy combined with its standard 6500 bpd plant DES ign and, along with its partners, provide engineering, procurement and construction services for a complete plant DES igned to produce approximately 100 million gallons of sustainable aviation and diesel fuel per year from renewable feed stocks.