Wed 13 Sep 2023

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CIS, integrated service provider for the management of remote sites located in onshore and offshore environments, announces that it has signed two major contracts.

A three-year, $53 million contract in Kazakhstan signed with the Tengizchevroil LLP consortium (TCO)


Photos - TCO client remote site

This triumph puts CIS on the largest oilfield in Kazakhstan. Thanks to our 30 years of operations in the country and the quality of the local partner, we have secured an unprecedented tender in terms of magnitude.

The contract covers industrial maintenance services and strengthens the Group’s presence in western Kazakhstan while diversifying its customer base. CIS is already active in 12 regions in the country.

This confirms the Group’s ability to expand its range of expertise by honing its competence in facility management, operations and industrial maintenance.


Photos - TCO client remote site

A three-year, $82 million contract in guinea signed with SIMFER (joint venture led by the world’s top mining company, Rio Tinto)


Photos - SIMFER client remote site

Simandou, called the “mountain of fire”, forms the world’s largest unexploited iron ore reserves, containing an estimated 2.4 billion tonnes.

The contract covers catering and accommodation services as well as access control, facility management and technical maintenance for an expected 8,000 people. CIS will join forces with a leading local partner for expertise in providing these services.


Photos - SIMFER client remote site

CIS shows strong business activity despite the complex geopolitical landscape

As these contracts are gradually put in place, they will increasingly contribute to the Group’s performance and consolidate its order book.

CIS remains confident about its business outlook, targeting major projects in several countries.

 

About CIS

CIS was created in 1992 by its Chairman, Régis Arnoux. CIS Group has been supporting major players in the energy, mining, construction and armed forces sectors, at every stage of their projects, in the most remote offshore and onshore environments. As a provider of integrated services, CIS has a full range of services and turnkey solutions designed to assure the well-being and safety of the residents of our remote sites so that our customers can concentrate on their own core businesses.

Present in 20 countries with nearly 250 operating sites and a worldwide staff today numbering 12,000, CIS has a strong commitment to contributing to the economic and social development of the local populations and countries where it operates.

Next press release: 18 October 2023, after the close of trading: Q3 2023 revenue

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