PVE po valley energy limited
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News: PVE Po Valley Energy signs master construction contract with local contractor Tesi Srl

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    13/09/16
    08:48
    Post #: 19111226

    Sept 13 (Reuters) - PO Valley Energy Ltd (PVE) :

    • Bezzecca update master contract signed (PVE)
    • Signature of the master construction contract with local contractor Tesi Srl for the development of its 90% Bezzecca gas field
    • Contract, is a turnkey contract for the construction of the 7 km pipeline and tie in to the existing gas treatment plant
    • Upfront payments will be in part financed through funds from 10% JV owner Petrorep'S contribution, and from co's own working capital
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