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Exova Group Secures Contract Extension With Maersk Oil

7th Jul 2015 09:06

LONDON (Alliance News) - Testing and calibration services company Exova Group PLC on Tuesday said it has secured a contract extension with Maersk Oil.

The contract will cover the testing services Exova has been carrying out for Maersk Oil on down-hole tubulars at the North Sea Culzean development project.

The new contract will also see it provide electrochemical corrosion tests, plus a programme of galvanically-induced hydrogren stress cracking tests.

No financial details on the extension were revealed.

Exova shares were up 6.1% to 177.80 pence on Tuesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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