If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDRV.L Regulatory News (DRV)

  • There is currently no data for DRV

Contract Award

18 Sep 2014 07:00

RNS Number : 9642R
Driver Group plc
18 September 2014
 

18 September 2014

 

Driver Group plc

("Driver Group" or the "Company")

Contract Award

 

Driver Group, the global consultancy to the construction and engineering industries, is pleased to announce the award of a Project Control Services Contract by SABIC UK Petrochemicals Limited.

SABIC, headquartered in Riyadh (Saudi Arabia), is one of the world's top 6 petrochemical companies and is the largest non-oil company in the Middle East.

In Europe, SABIC is a major producer of plastics, chemicals and innovative plastics and employs nearly 6,000 people. The main European office for its strategic business units, Polymers and Chemicals, is based in Sittard (The Netherlands). SABIC have Manufacturing and Research facilities in several locations in the Netherlands, Germany, UK, Italy, Austria, Belgium and Spain.

SABIC UK has announced a Major Project to convert its Teesside plants to take US shale gas, in a "very significant" investment that will make it one of the most competitive plants of its kind in Europe; this will create many hundreds of construction jobs and safeguard thousands more on Teesside.

Driver Project Services has been awarded the Contract for the provision of Project Controls Services and to support SABIC in the delivery of this prestigious project. Key to this award is to support SABIC in delivery of the Projects Critical Success Factors; in particular Schedule Assurance and Cost Assurance.

Dave Webster, CEO of Driver, stated "I am delighted that we have been able to secure this prestigious award in terms of both the project itself and more so because our Project Services business has gained the trust of a world class business in SABIC on what is a very significant investment by them. This award marks a significant step in our plans to substantially grow this area of our business in both the UK and our overseas territories".

Enquiries:

Driver Group plc

David Webster, Chief Executive Tel: +44 (0) 1706 223999

Damien McDonald, Group Finance Director Tel: +44 (0) 1706 223999

Alan McClue, Non-executive Chairman Tel: +44 (0) 7791 546798

 

Charles Stanley Securities

Nominated Adviser & Broker

Marc Milmo / Carl Holmes Tel: +44 (0) 207 149 6000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLRMATMBIBBAI
Date   Source Headline
15th Mar 201712:07 pmRNSHolding(s) in Company
14th Mar 20174:55 pmRNSHolding(s) in Company
14th Mar 201712:10 pmRNSHolding(s) in Company
13th Mar 20172:33 pmRNSHolding(s) in Company
9th Mar 20173:44 pmRNSResults of GM/Open Offer, TVR and annual accounts
21st Feb 20177:00 amRNSDirectors Dealing
21st Feb 20177:00 amRNSPosting of Circular and Notice of General Meeting
17th Feb 20175:06 pmRNSProposed Placing and Open Offer - further details
17th Feb 201712:23 pmRNSClose of Accelerated Bookbuild
17th Feb 20177:01 amRNSProposed Accelerated Bookbuild to raise up to £8m
17th Feb 20177:00 amRNSDirectorate Change
17th Feb 20177:00 amRNSPreliminary Results
10th Feb 20177:00 amRNSReduced Disclosure Framework within FRS 102
4th Nov 20162:20 pmRNSDirector/PDMR Shareholding
3rd Oct 20167:00 amRNSDirector Dealing
29th Sep 20165:20 pmRNSExercise of options
27th Sep 20167:00 amRNSDirector Dealing
27th Sep 20167:00 amRNSExercise of options
23rd Sep 20167:00 amRNSGrant of Share Options
19th Sep 20167:00 amRNSSenior Management Changes
14th Sep 20167:00 amRNSTrading Update
15th Aug 20167:01 amRNSDirectorate Change
15th Aug 20167:00 amRNSChange of Adviser
8th Jul 20167:00 amRNSAdditional Listing
6th Jul 20163:25 pmRNSHolding(s) in Company
6th Jul 201612:12 pmRNSHolding(s) in Company
5th Jul 20165:51 pmRNSHolding(s) in Company
1st Jun 20169:46 amRNSDirectorate Change
31st May 20167:00 amRNSDirector/PDMR Shareholding
24th May 20167:00 amRNSHalf-year Report
18th May 20169:59 amRNSHolding(s) in Company
10th May 20168:33 amRNSTrading update
9th May 20163:02 pmRNSHolding(s) in Company
16th Mar 20163:00 pmRNSHolding(s) in Company
2nd Mar 20164:02 pmRNSResult of AGM
2nd Mar 20167:00 amRNSAGM Statement
25th Feb 20164:02 pmRNSContract Win
22nd Jan 201610:18 amRNSHolding(s) in Company
21st Jan 20164:21 pmRNSHolding(s) in Company
8th Dec 20157:00 amRNSPreliminary Results
1st Dec 20157:00 amRNSAppointment of Chief Operating Officer
7th Oct 20157:00 amRNSDirector/PDMR Shareholding
6th Oct 20157:00 amRNSPre Close Trading Update
27th Jul 20157:00 amRNSChange of Adviser
30th Jun 201510:44 amRNSDirector/PDMR Shareholding
29th Jun 20154:13 pmRNSDirector/PDMR Shareholding
26th Jun 20159:37 amRNSDirector/PDMR Shareholding
4th Jun 20157:00 amRNSDirector/PDMR Shareholding
3rd Jun 20157:00 amRNSDirectorate Change
2nd Jun 20157:00 amRNSHalf Yearly Report

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.