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AF Gruppen Secures Major Decommissioning Contract with Scaldis

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AF Gruppen Secures Major Decommissioning Contract with Scaldis

The latest update is out from AF Gruppen ASA ( (AGRUF) ).

AF Gruppen ASA has secured a decommissioning contract from Scaldis Salvage & Marine Contractors NV to remove three bridge-linked platforms on the UK continental shelf, valued at 100-125 million NOK. This project enhances AF Gruppen’s relationship with Scaldis and highlights its expertise in delivering safe and efficient offshore decommissioning solutions, further solidifying its position in the industry.

More about AF Gruppen ASA

AF Gruppen ASA is a leading contractor in the construction and engineering sector, providing offshore solutions with a focus on decommissioning services.

YTD Price Performance: 48.19%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.69B

For detailed information about AGRUF stock, go to TipRanks’ Stock Analysis page.

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