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23rd WPC Announces Innovation Zone

The 23rd World Petroleum Congress Organizing Committee has announced the launch of the Innovation Zone, a captivating additional feature on the exhibition floor of the Congress, which will take place in person in Houston from December 5-9, 2021 at the George R. Brown Convention Center. The Innovation Zone, presented by ConocoPhillips, …

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Cold Bore Technology Closes $14M Financing

 Cold Bore Technology Inc., the leader in frac completions automation and platform technology, today announced it has closed $14M in growth financing. The round was led by bp ventures with participation from the Canadian Business Growth Fund (CBGF). Existing investors include the Rice Investment Group (RIG), a $200M multi-strategy, energy …

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GCGV Mono-Ethylene Glycol Facility Achieves Mechanical Completion

McDermott International, Ltd and CTCI have announced that their joint-venture has received the mechanical completion certificate for Gulf Coast Growth Ventures’ (GCGV) Mono-Ethylene Glycol (MEG) facility in Gregory, Texas. “Congratulations to the joint venture project teams of McDermott and CTCI on this major milestone,” said Mark Coscio, Senior Vice President, …

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Seplat grows half-year profit before deferred tax by 142.7%  

Seplat Energy Plc recorded an impressive half-year (H1) 2021 scorecard with profit before deferred tax (PBT) of $62.1million, representing an increase of 142.7percent as against H1’20. Highlights of the company’s financial further show that revenue went up 32percent to $308.8 million in H1’21, from $233.5million in H1’20; earnings before interest, …

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Seplat Signs a Crude Purchase Agreement

 Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, announces a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited (Waltersmith). The CPA is for the supply of between 2,000 and 4,000 …

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