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Stock Market & Financial Investment News

News Breaks
January 24, 2014
14:18 EDTTSO, AEGNAegion awarded maintenance contracts from Tesoro
Aegion (AEGN) announced that its subsidiary, Brinderson, L.P., has received a long term contract extension for work at the Los Angeles refinery operated by Tesoro Refining & Marketing Company (TSO). In addition, Tesoro renewed its contract with Brinderson for its Golden Eagle refinery in Martinez, California. The combined expected 2014 revenues, pending adherence to all performance and safety criteria per the contracts, are to be approximately $40M, with $20M of incremental revenue in 2014 to Brinderson.
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