Nel ASA: Receives purchase orders from Shell under California framework contract

(Oslo, 27 March 2017) Nel Hydrogen Solutions, a division of Nel ASA (Nel, OSE:NEL), has received the first purchase orders on H2Station® equipment and services from Equilon Enterprises LLC (Royal Dutch Shell Plc, “Shell”) under the earlier announced California framework contract.

The purchase orders have a total value of just over NOK 140 million with expected installation during 2018, and start of equipment shipment during the second half of 2017.

Under the framework contract, Shell may issue additional purchase orders at a later stage.

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This article was originally posted on news.cision.com -