About Us
Corac was established in 1996 on the Science Park at Brunel University with the primary objective of researching and developing technologies in the field of gas compression with innovative use of gas itself in the bearings. From the very start Corac has focused principally on R&D in the fields of natural gas compression and enhancing gas well.....
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Saudi Aramco, owner of the world’s largest oil and gas resources, has a large network of surface pipelines which require additional boosting from intelligent gas well equipment to ensure pipeline capacity flow and optimisation. Corac is conducting a research and development programme in conjunction with Saudi Aramco for an in-pipe gas compression solution, offering Saudi Aramco the potential for significantly improved control and flow of its gas assets.
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Eni S.p.A. is amongst the major oil and gas exploration companies in the world. Corac is working with Eni to develop a downhole gas compressor that will extend the life of declining wells, improve gas well production and deliver gas to the surface efficiently.
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Share Price
Mid Price: 11.00p
Change: -0.25p (-2.22%
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Corac trade on the LSE. (Symbol: CRA)
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