IN BRIEF: Chariot signs engineering and design agreement for Anchois

Writer,

Chariot Ltd - Devon, England-based transitional energy company focused on Africa - Signs a front-end engineering & design agreement for the Anchois gas development project in Morocco. Signs agreement with US oilfield services company Sclumberger Ltd and subsea engineering firm Subsea 7 SA as part of a consortium. The scope of the agreement covers, but is not limited to, work for offshore and onshore components, and the generation of deliverables such as engineering and installation. Beyond this agreement, Chariot is managing the additional FEED scopes required for development to deliver gas to customers.

Current stock price: 19.25 pence, up 2.1% in London

12-month change: more than tripled from 5.39p

Copyright 2022 Alliance News Limited. All Rights Reserved.