Cenovus Energy (CVE) has awarded a five-year engineering and maintenance services contract for its White Rose offshore field assets to Aker Solutions, the latter said Friday.
Aker said the contract is classified as "sizeable," typically valued between 500 million Norwegian kroner ($50.5 million) and 1.5 billion kroner.
The agreement covers support for the West White Rose platform and the SeaRose floating production storage and offloading vessel located about 350 km east of St. John's, Newfoundland and Labrador in Canada, Aker said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments