SBM Offshore Receives Letter Of Interim Award from Shell
June 15 2012 - 3:19AM
Dow Jones News
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
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