Matrix Service Inc. Awarded Full EPC by Large Independent Oil Company for Expansion of Crude Oil Storage and Loading Capabilities

TULSA, Okla., May 10, 2018 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq:MTRX) announced today that its subsidiary, Matrix Service Inc., has entered into a full EPC contract with a large independent oil company for the expansion of crude oil storage and loading capabilities on the Texas Gulf Coast. Matrix PDM Engineering, which performed the front-end engineering design (FEED) work for the project, will complete the detailed design engineering for the project. This award follows an earlier award by the customer for marine loading upgrades to accommodate Very Large Crude Carriers (VLCC).