GR Engineering rises on contract win from Chevron Australia

GR Engineering Services

08/03/2022 01:56

** Shares of GR Engineering Services Ltd  GNG.AX  rise as
much as 2% to A$2.08, their biggest daily pct gain since March
1, if gains hold
    ** Engineering contractor says its unit, Upstream Production
Solutions Pty, awarded a 5-year contract to provide support
services for oil company Chevron Australia  urn:newsml:reuters.com:*:nASXqB4cz
    ** Says contract has an option for a further two years
    ** GNG down about 3% this year, as of last close

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))