23/04/2014 20:44:58 Free Membership Login

SBM Offshore Receives Letter Of Interim Award from Shell

Date : 06/15/2012 @ 3:19AM
Source : Dow Jones News
Stock : Sbm Offshore (SBMO)
Quote : 12.86  -0.44 (-3.31%) @ 11:39AM
Sbm Offshore share price Chart

SBM Offshore Receives Letter Of Interim Award from Shell

Sbm Offshore (EU:SBMO)
Historical Stock Chart

2 Years : From Apr 2012 to Apr 2014

Click Here for more Sbm Offshore Charts.

AMSTERDAM --Dutch oil services company SBM Offshore NV (SBMO.AE) said Friday that it has received a letter of interim award from Royal Dutch Shell PLC (RDSB.LN) for the supply, lease and operation for the Fram field in the UK sector of the North Sea.

MAIN FACTS:

- The letter of interim award allows SBM Offshore to commence engineering and procurement of long lead items to ensure timely completion of the planned Fram project, which is subject to a final investment decision.

- Financial detail hasn't been provided.

Write to Amsterdam Bureau at amsterdam@dowjones.com



NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 us 140423 20:44