AUSTRALIA

Peak Group borrows big bucks to boost services

WELL construction services company, The Peak Group, has undertaken an £11 million (A$25.6m) finan...

The RBS, which has significant experience with the oil and gas industry, will provide the £11 million general corporate purpose facility to strengthen The Peak Group contracts with service providers and support client requirements.

The Peak Group said the agreement followed a thorough review of its financial, commercial and contractual processes to enhance further development of the company’s multi-well, multi-client program.

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