2011 Blog Posts
Corac Group Plc Business Update
Corac is pleased to announce that it has made significant progress across its portfolio of development programs over the last six months and continues to identify and review opportunities with major global industrial players.
Corac is delighted to announce that on 16 May 2011 it signed a partnership agreement with Aramco Overseas Company B.V ("AOC") part of The Saudi Arabian Oil Company ("Saudi Aramco") for the development of an in-line gas compressor ("IGC") utilising Corac's unique compact high speed compressor technology.
Corac Group plc's annual results document for the Year Ended 31 December 2010 is now available to download.
The Annual General Meeting of Corac Group plc will be held at 11:00 a.m. on 19 May 2011 at Buchanan Communications, 107 Cheapside, London, EC2V 6DN.
Corac Group plc enters into Memorandum of Understanding with global market leader in the compressed air industry
Corac is pleased to announce the signing of a Feasibility Study agreement with OMV Austria Exploration & Production GmbH ("OMV") for the application of Corac's Downhole Gas Compressor ("DGC")
Corac Group plc is pleased to announce that its North American Downhole Gas Compressor ("DGC") development project is progressing well against plan, and that the joint team, comprising Corac and its American Partner, has reached the milestone of the first formal design review of the compressor module with agreement on the overall system and deployment architecture.