Annual Report and Financial Statements

Overview

The report describes successful in-service seaborne trials that led to Mærsk confirmation of Proof of Concept by mid-2014, alongside new AkzoNobel cooperation and joint development agreements. It reports progress toward a Saudi Arabia demonstration plant and continued development of projects with Ecopetrol and other partners. The company remained debt free and ended the year with £11.1 million in cash reserves after raising £10.7 million through a share placing.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2014
Period: Ends 30 June 2014
Publication date: 17 October 2014
Language: English
Pages
File size

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