Vallianz contracts two self-elevating platforms to the Middle East

Vallianz will supply two self-elevating platforms to an unnamed national oil company in the Middle East starting in 3Q 2015 and extending for five years.

Offshore staff

SINGAPORE – Vallianz will supply two self-elevating platforms to an unnamed national oil company in the Middle East starting in 3Q 2015 and extending for five years. The contract value is $300 million.

Both vessels will be used for well servicing on offshore platforms and well structures in the Arabian Gulf. The operator has an option for a two-year extension to 2022.

07/21/2015

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