AECOM Says Its SLICOM JV With Managing Partner Street Legal Industries Is Selected By US Department Of Interior Bureau Of Land Management To Remediate Orphaned Oil & Gas Wells; Says Program Is Supported By $4.7B Funding
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AECOM's joint venture with Street Legal Industries, SLICOM, has been selected by the US Department of Interior Bureau of Land Management to remediate orphaned oil & gas wells. The program is supported by $4.7B funding.
September 26, 2023 | 11:02 am
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AECOM's JV with Street Legal Industries, SLICOM, has been selected for a $4.7B funded program to remediate orphaned oil & gas wells.
The selection of AECOM's joint venture, SLICOM, for a significant $4.7B funded program to remediate orphaned oil & gas wells is a positive development for the company. This could lead to increased revenues and profitability for AECOM, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100