Brief: Argeo Extends Contract For Hugin 6000 AUV To March 2024

Argeo ASA

25/04/2023 08:42

April 25 (Reuters) - Argeo AS  ARGEO.OL :
    * ARGEO CONFIRMS CONTRACT EXTENSION TO MARCH 2024 FOR HUGIN
6000
AUV
    * INITIAL CONTRACT VALUE OF EXTENSION IS MINIMUM 2 MUSD,
SUBJECT
TO SOME INCREASE WITH UTILIZATION ADDED
    * PROJECT, WHICH STARTED 1ST OF SEPTEMBER 2022 WITH A
MINIMUM
GUARANTEED DURATION OF 6-MONTHS AND A 6-MONTH EXTENSION, HAS NOW
BEEN EXTENDED TO 1ST OF MARCH 2024

Source text for Eikon:  ID:nObir8DJma 
Further company coverage:  ARGEO.OL 

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