World News: 15:00 GMT Monday 27th August 2018. [EQS Group via SPi World News]
DGAP-News: De Raj Group AG / Key word(s): Disposal
Gaea Power will evaluate further opportunities in Germany to pursue leasing of equipment for power generation providing it is still powered by a clean energy source. Gaea Power will also continue to look for opportunities worldwide for similar businesses with better IRRs and is currently in the process of evaluating some opportunities in the Middle East. It will even consider larger combined cycle power plants.
About the De Raj Group:
The Oil & Gas division of the Group provides specialist services supported by IP patents for the full spectrum of the upstream Oil & Gas supply chain, particularly in the South East Asian region. The Group owns a diversified portfolio of assets comprising jack-up rigs and topside equipment. These jack-up rigs, with the readily available equipment can be modified quickly to suit client requirements for offshore facilities in the development of marginal fields, including as well enhancement of production in producing fields. This supports very well Oil companies desire for early monetisation of hydrocarbon with cost effective solutions.
For further information:
|Company:||De Raj Group AG|
|Phone:||+49 221 299 85 07|
|Fax:||+49 221 299 85 08|
|Indices:||WBI Wiener Börse Index|
|Listed:||Regulated Unofficial Market in Frankfurt; Vienna Stock Exchange (Official Market)|
|End of News||DGAP News Service|
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