MRC Global Extends Enterprise Framework Agreement With Shell
Portfolio Pulse from Benzinga Newsdesk
MRC Global has extended its enterprise framework agreement with Shell. Under this agreement, MRC Global will continue to be a key supplier of Shell's pipe, valves, fittings, and ad-hoc valve actuation services for its upstream, midstream, and downstream assets.
September 27, 2023 | 10:32 am
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NEUTRAL IMPACT
Shell's extension of its agreement with MRC Global ensures a continued supply of key components for its assets.
The extension of the agreement with MRC Global ensures a continued supply of key components for Shell's assets. This is neutral news for Shell as it is part of their regular operations.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 75
POSITIVE IMPACT
MRC Global's extension of its agreement with Shell could potentially boost its revenues and strengthen its position in the market.
The extension of the agreement with Shell ensures a continued revenue stream for MRC Global. This could potentially boost its stock as it indicates a strong business relationship and potential for increased sales.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100