CIS climbs on the stock market thanks to 2 contracts – 06/01/2022 at 10:04


(AOF) – CIS climbs 7.30% to 10 euros per share on the Paris market, after announcing the signing of 2 major contracts with international players in the energy sector. The first is a new offshore contract in West Africa. It is part of the Grand Tortue Ahmeyin (GTA) project for the development of two offshore gas fields on the maritime border between Senegal and Mauritania.

The project, considered to be one of the largest in the world, should supply Liquefied Natural Gas for global export from 2023.

CIS provides catering, hotel and facility management services for 400 people residing on the platforms.

The second good news of the day for CIS is the renewal of a strategic contract in the Democratic Republic of Congo with a major company which is developing its onshore and offshore activities.

This country, where CIS has been operating for more than 13 years, also has some of the largest mining resources in the world.

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