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Matrix Secures A$7M Deepwater Riser Buoyancy Contract from Stena Drilling
11:27am on Tuesday 14th of January, 2025 AEDT
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Engineering
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Matrix Secures A$7M Deepwater Riser Buoyancy Contract from Stena Drilling
11:27am on Tuesday 14th of January, 2025 AEDT
Key Points
A$7 million purchase order from Stena Drilling for deepwater riser buoyancy system
Delivery split between FY25 and FY26 from Matrix’s Henderson facility
Follows a larger A$21–23 million SURF contract awarded in November 2024
Reflects strengthening aftermarket demand and drilling sector recovery
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