SRJ Technologies Group Plc (ASX: SRJ) has been granted a significant contract by Southey Contracting Limited, entailing the supply of BoltEx® flange clamps. Valued initially at AU$292k (US$192k), this agreement will aid Southey in upholding asset integrity for an FPSO situated in West Africa. The contract stands as a pivotal achievement for SRJ, representing over 5% of its secured revenue projection for FY23.
The agreement, subject to SRJ’s standard terms and conditions for product sales, underscores the company's commitment to delivering top-notch flange bolt integrity equipment. Notably, Southey Contracting, a prominent NDT and LGI service provider across Africa, specializes in rendering access, inspection, maintenance, and manpower services to the oil, gas, and mining sectors in the region. This collaboration cements SRJ’s foothold in supplying critical solutions to the energy industry while showcasing its technological prowess in maintaining infrastructure integrity.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
