Velosi wins Abu Dhabi inspection contract

Asset integrity/HSE service provider Velosi has won two contracts in the Middle East.

Offshore staff

LONDON – Asset integrity/HSE service provider Velosi has won two contracts in the Middle East.

The company will provide vendor inspection and site construction inspection in offshore and onshore sites for Abu Dhabi Gas Industries. The five-year contract, which started on April 1, could be worth over $10 million.

Velosi’s 65%-owned subsidiary K2 Specialist Services Pte has won an extension to an existing contract with PPL Shipyard. This covers the assembly and installation of five more newbuild jackup derricks, in addition to the five currently undergoing assembly.

06/24/2009

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