Airborne Oil & Gas (AOG), the manufacturer of thermoplastic composite pipe (TCP) for oil & gas applications, said that Sumitomo Corporation has acquired a significant shareholding in the company.The investment by Sumitomo Corporation strengthens a strategic partnership which both companies entered into in 2016, in which the companies 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.Takushi Kikuchi, general manager for Tubular Products Units of Sumitomo Corporation Europe, stated: “I am very pleased with this investment in Airborne Oil & Gas, as we are committed to deliver cost reduction and efficiency to the oil & gas industry, introducing new technologies and business models. AOG’s thermoplastic composite pipe is a perfect addition to continue our mission. We believe that TCP technology has achieved a breakthrough in the market place and have a disruptive potential for SURF applications. The industry is now, more than ever, ready to embrace such new technology.”Aleksandra Wrobel, CFO of AOG, said: “We are very proud of our shareholder base, which already included Shell, Chevron, Saudi Aramco, Evonik and Subsea 7. We are delighted to welcome Sumitomo Corporation in this group, and to be able to work together moving forward. Their significant investment is testament to what we have achieved thus far, pioneering the introduction of thermoplastic composite pipe technology in a conservative market, and creating the largest track record in this space.”
Another top recruit will join the Class of 2020 under Syracuse head coach Quentin Hillsman.On Wednesday night, five-star forward Kamilla Cardoso announced her commitment to SU on Instagram. Cardoso, espnW’s No. 1 post player and No. 5 overall recruit for the Class of 2020, joins five-star guard Priscilla Williams (No. 11) and Faith Blackstone (No. 91) as the third top-100 recruit for next year. “While (I) thoroughly enjoyed getting to know many different programs I’m happy to announce I’ve found my home at Syracuse University,” Cardoso wrote in an Instagram post.The 6-foot-6 big from Hamilton Heights Christian (Tennessee) Academy has a espnW scout grade of 98 out of 100. One evaluation said she’s an “impact low-post prospect with superb mobility, shot blocking presence” and an emerging offensive arsenal. Cardoso had offers from Connecticut, Ohio State, Mississippi State and South Carolina, but chose Hillsman and the Orange. She’s one of six 2020 recruits — including three-star guards Khamya McNeal, Laura Salmeron and Kiara Fisher — that will join SU next season. AdvertisementThis is placeholder textCardoso will add depth to Syracuse’s frontcourt that will return all three starters in Emily Engstler, Amaya Finklea-Guity and Digna Strautmane.Cardoso could not be reached for comment. Comments Published on November 7, 2019 at 8:05 pm Contact Danny: firstname.lastname@example.org | @DannyEmerman Facebook Twitter Google+
Stan Collymore and Mark Saggers bring you another Feist Night special – this time dissecting the issue of Premier League ownership and parachute payments.