Sumitomo Corporation acquires major share in AOG

Airborne Oil & Gas (AOG) has announced that Sumitomo Corporation has acquired a significant shareholding in AOG.

The investment by Sumitomo Corporation strengthens a strategic partnership which both companies entered into in 2016. According to the partnership agreement, the companies will collaborate to provide the oil & gas industry with cost effective TCP technology solutions that are non-corrosive, light-weight and result in significantly lower total installed cost.

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