Stork, A Fluor company, Awarded 5-Year Asset Integrity Contract On The United Kingdom Continental Shelf; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Fluor Corporation's subsidiary, Stork, has been awarded a five-year contract with five one-year extension options by London-based Harbour Energy. The contract extends Stork's asset integrity services in the North Sea on Harbour Energy's AELE hub and other areas.
May 24, 2023 | 8:48 pm
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Fluor Corporation's subsidiary, Stork, has secured a five-year contract with Harbour Energy, potentially benefiting Fluor's revenue and growth.
The contract secured by Stork, a Fluor company, is expected to have a positive impact on Fluor Corporation's revenue and growth. The contract is for five years with five one-year extension options, which could lead to a long-term partnership and sustained revenue for Fluor. The contract covers asset integrity services in the North Sea, which is a significant market for energy companies.
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