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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nature Grp | LSE:NGR | London | Ordinary Share | JE00B3B5FZ40 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMNGR
RNS Number : 6299S
Nature Group PLC
22 December 2016
This announcement contains inside information
NATURE GROUP PLC
("Nature Group" or the "Company")
Significant Oil & Gas Contract Win
22 December 2016
Nature Group PLC (AIM:NGR) the provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, is pleased to announce that its Oil & Gas division has been awarded a major contract by an international oil company ("IOC") for the provision of containerised slop-treatment units in the Central North Sea.
The contract is for the deployment of multiple treatment units and will commence on 1(st) January 2017 for a period of 5 years. The overall contract value is estimated to be at least GBP5 million.
Jan Vesseur, Chief Executive Officer of Nature Group plc, commented:
"Having broadened our sales focus from rig owners to include IOCs, we are very pleased to be awarded this contract by one of the major operators in the North Sea. This agreement reinforces the benefit of offshore slop treatment in existing and mature oil/gas fields and, with such a major oil company leading the way in the North Sea for sustainable, safe and clean waste management, selecting Nature Group to provide this service underlines that our units are best in class both technically and commercially.
The Oil and Gas industry is experiencing difficult times and to win this major assignment in the current extremely competitive market environment is a big compliment for our product line and service".
For further information contact:
Hot Features
Premium
Nature Group PLC
Jan Vesseur, CEO Tel: +31 6462 878 96
Maarten Smits, Tel: +31 6138 207 80
CFO
Berend van Straten, Tel: +31 6268 056 05
Chairman
Cenkos Securities
plc
Neil McDonald Tel: +44 (0)131 220 9771 /
+44 (0)207 397 1953
Beth McKiernan Tel: +44 (0)131 220 9778 /
+44 (0)207 397 1950
Nick Tulloch Tel: +44 (0)131 220 9772
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 22, 2016 07:01 ET (12:01 GMT)
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