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The latest announcement is out from Kistos PLC ( (GB:KIST) ).
Kistos Holdings PLC announced the sail away of the Jotun FPSO, a significant milestone in the Balder Future project, which is set to extend the life of the Balder Area field beyond 2045. The project aims to increase peak daily production by 80,000 boepd and unlock future drilling and exploration opportunities, with Kistos expecting a meaningful impact on cashflow and infrastructure upgrades in the region.
More about Kistos PLC
Kistos Holdings PLC is an independent energy company that focuses on generating value in the upstream and midstream markets.
YTD Price Performance: 7.62%
Average Trading Volume: 248,359
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £97.78M
For a thorough assessment of KIST stock, go to TipRanks’ Stock Analysis page.