LNG Energy Group (TSE:LNGE) has released an update.
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LNG Energy Group has announced the establishment of a new Oilfield Services Division within its subsidiary, Lewis Energy Colombia, Inc., positioning itself to capitalize on Colombia’s increasing demand for natural gas exploration and development. The division, equipped with three rigs valued at $10 million, will provide drilling and workover services, aiming to generate additional revenue and strengthen the company’s role in Colombia’s energy sector.
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