"This extension adds profitability and cash flow to the overall project, whilst offering our client a cost-effective addition to their venture. We also register that AGS' track record of safe and efficient operations continue to position us for future contract wins," said CEO Lee Parker.
"The added work, together with recently announced LOI for a North Sea contract, will be helpful in the ongoing process of strengthening the company's working capital," added Parker.
Read the article online at: https://www.oilfieldtechnology.com/exploration/20032020/axxis-geo-solutions-receives-extension-to-middle-east-obn-contract/
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