“The main customers are all there and we want to provide them with their kit,” Peter Rose, chief financial officer of the London-based company, said today in a phone interview.
Mozambique has become a focus for explorers such as Eni SpA and Anadarko Petroleum Corp. following the discovery of the world’s largest natural gas finds in a decade.
Hunting this year also set up a Kenya partnership, taking a 60 percent stake, and will complete a similar venture in Saudi Arabia by the end of the year, Rose said.
The company posted a 5 percent increase in revenue for the first half to $687.5 million and increased its dividend to 8.1 cents a share from 7.7 cents a year earlier, it said in a statement. A strong second-quarter offset a slow start to 2014, with momentum expected to continue through the year, Rose said.
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