Friday, December 17, 2021
12:13 PM EST – Shawcor Ltd. : Announced that its pipe coating division has received a formal notice to proceed from SAIPEM AUSTRALIA PTY LTD for the Scarborough Project, located offshore in Australia’s north-west. The Scarborough gas resource is located in the Carnarvon Basin, approximately 375 km west-north-west of the Burrup Peninsula in Western Australia. The Scarborough gas resource will be developed through new offshore facilities connected by an approximately 430 km pipeline to a proposed second LNG train (Pluto Train 2) at the existing Pluto LNG onshore facility. Shawcor Ltd.
(T.SCL ) shares were up $0.035 at 4.385.
Stocks in Play: Shawcor Ltd., Fri, 17 Dec 2021 12:27:05 EST