Shawcor gains on about C$35 mln pipeline coating contract
09/09/2022 17:20
** Shares of energy and infrastructure company Shawcor Ltd
SCL.TO up 4.5% at C$7.85
** Co says its pipe coating division, Pipeline Performance
Group (PPG), has received about C$35 mln contract from offshore
energy firm Allseas urn:newsml:reuters.com:*:nGNXZkpKj
** Work will be executed from SCL's Kabil, Indonesia,
facility, commencing in 2023
** SCL shares up 59.9% YTD
(Reporting by Ankit Kumar in Bengaluru)
((Ankit.Kumar2@thomsonreuters.com))