HARL £61 million contract award - SeaRose FPSO Mid-Life Upgrade7 Jun 2024 12:32
Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that Cenovus Energy Inc. ("Cenovus") has awarded the mid-life upgrade contract of the SeaRose Floating Production Storage and Offloading ("FPSO") vessel to Harland & Wolff (Belfast) Limited. This contract follows from the Letter of Intent that was previously announced by the Company on 31 July 2023. Cenovus Energy is an international integrated oil and natural gas company headquartered in Calgary, Canada, with a market capitalisation of circa CA$54bn.
If the contract wasnt at least £61m , then they would have to issue an RNS. As usual Broomtree, the man who cant even do basic maths is talking drivel.