TRANSFIELD SERVICES JOINT VENTURE WINS $90 MILLION CONTRACT IN NEW CALEDONIA Transfield Services’ joint venture, Transfield Services WorleyParsons Nouvelle Caledonie (TWNC), has secured a three-year, $90 million contract to provide asset management and sustaining capital works to Vale Inco Nouvelle-Caledonie in New Caledonia. This long-term relationship expands on our early work with Vale Inco Nouvelle-Caledonie providing mobilisation, completion and commissioning services since early 2008, valued at $17 million.
Nice announcement only to be met by more selling...lol
TSE Price at posting:
$1.56 Sentiment: LT Buy Disclosure: Held
