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SRJ Technologies Group plc (ASX:SRJ)

ALERT: Price-sensitive ASX Announcement for SRJ
Current share price for SRJ : $0.004 -0.004 (-50%)+
Announcement
Release
20 Aug 2026 9:26AM
Price at Release
$0.008
Full Release
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Summary
SRJ Technologies Group Plc has secured a specialist inspection services contract in Angola through Fulkrum Technical Resources Ltd, valued at approximately A$222,000. This contract supports an asset life extension program on two FPSO (Floating Production Storage and Offloading) vessels. It is the first such inspection engagement for SRJ on FPSO assets offshore Angola, marking an expansion into the West African offshore market. Furthermore, SRJ's subsidiary, Air Control Entech Limited (ACE), received its first formal call-off order under a three-year contract with Dubai Petroleum, valued at AED 165,000 (approximately A$63,000), scheduled to commence in September 2026. These engagements highlight SRJ’s capability to deliver inspection and engineering services across diverse international markets, particularly in competitive environments.
Key Points
  • SRJ awarded a contract for specialist inspection services in Angola.
  • Contract supports asset life extension on two FPSO vessels.
  • Contract value is approximately A$222,000.
  • First inspection on FPSO assets offshore Angola for SRJ.
  • SRJ's ACE received first call-off order under Dubai Petroleum contract.
  • Dubai Petroleum order is valued at AED 165,000, beginning September 2026.
  • SRJ demonstrates flexibility and capability in international markets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.