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CVE / Harland & Wolff spikes 15% after winning large oil vessel contract with Cenovus

Shares in Harland & Wolff Group (AIM:HARL) were winched up 15% to 13p after the Belfast shipbuilder said it has won a £61 million contract to upgrade the SeaRose floating production storage and offloading (FPSO) vessel. The Cenovus Energy, the Canadian oil giant, will deliver the FSPO vessel in in the first quarter of 2024, where is expected to remain in H&W's building dock for at least three months, with a peak of around 1,000 staff and contractors engaged in the work. Read More

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Posted: Oct 20 2023, 03:16

Author Name: Proactive Investors

CVE News

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By Proactive Investors
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Harland & Wolff spikes 15% after winning large oil vessel contract with Cenovus

Shares in Harland & Wolff Group (AIM:HARL) were winched up 15% to 13p after the Belfast shipbuilder said it has won a £61 million contract to upgra

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Here's Why Hold Strategy is Apt for Cenovus (CVE) Stock Now

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Invest in Fusion Energy With These 3 Stocks to Buy

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