We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Emerson Electric Co | NYSE:EMR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.13 | 0.12% | 106.54 | 107.38 | 105.95 | 107.17 | 5,924,306 | 01:00:00 |
By Stephen Nakrosis
Emerson Electric Co. said Tuesday it was awarded a $14 million contract to provide automation technologies on a new offshore oil platform in the Caspian Sea.
The company said it will provide "software and project expertise" to the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oilfield, and enable an "expedited timeline and on-time start for new BP-operated platform."
Emerson said it will be the main automation contractor, "providing its Project Certainty methodologies and digital technologies that transform capital project execution to help BP bring this fast-track project onstream in 2023."
Emerson shares rose 0.9% to $70.53.
Jim Nyquist, group president for Emerson's systems and software business, said: "This latest project builds on the successful collaboration between BP and Emerson on the West Chirag and Shah Deniz Stage 2 developments."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 20, 2020 12:41 ET (16:41 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Emerson Electric Chart |
1 Month Emerson Electric Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions