Tecnicas Reunidas (ES:TRE) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Técnicas Reunidas has been awarded a $440 million engineering and management contract for the Vaca Muerta project, one of the world’s largest unconventional oil and gas reserves, located in Argentina. This contract involves the development of a hydrocarbon storage and dispatch terminal, contributing significantly to Argentina’s economic growth and YPF’s global market position. Técnicas Reunidas continues to strengthen its presence in Argentina, aligning with its strategic plan to engage in low-risk construction projects.
For further insights into ES:TRE stock, check out TipRanks’ Stock Analysis page.