Brief: GC Rieber: Shearwater Gets Project Termination Notices In Asia Pacific

GC Rieber Shipping ASA

14/04/2020 07:13

April 14 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: TERMINATION OF PROJECTS IN ASIA
PACIFIC FOR
SHEARWATER
    * GC RIEBER SHIPPING ASA'S 19% OWNED GEOSERVICES COMPANY
SHEARWATER GEOSERVICES HAS RECEIVED PROJECT TERMINATION NOTICES
FOR TWO CONTRACTS IN ASIA PACIFIC
    * FIRST INCLUDES A SHORT PROJECT FOR WOODSIDE IN AUSTRALIA
WHICH
WAS PART OF AWARD ANNOUNCED ON 18 NOVEMBER 2019
    * SECOND COVERS A SURVEY FOR RELIANCE IN INDIA ANNOUNCED ON
28
JANUARY 2020.
    * PROJECTS ARE TERMINATED AS PER CLIENT'S RIGHTS WITHIN
RESPECTIVE
CONTRACTS.

Source text for Eikon:  ID:nObiBsl8Ga 
Further company coverage:  RISH.OL 

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