Modec awards Hallin $4.5 million Vietnam contract

Modec Inc. has awarded Hallin Marine a $4.5 million contact to provide a vessel, saturation diving system, and specialist subsea personnel to the Rang Dong oil field block 15-2, 140 km (87 mi) offshore of Vung Tau, southern Vietnam.

Offshore staff

SINGAPORE -- Modec Inc. has awarded Hallin Marine a $4.5 million contact to provide a dynamically positioned Class 2 vessel, saturation diving system, and specialist subsea personnel and operators to the Rang Dong oil field block 15-2, 140 km (87 mi) offshore of Vung Tau, southern Vietnam.

Hallin will carry out the installation of the Modec floating storage and offloading vessel (FSO), installing two 6-in. (15-cm) subsea risers. The FSO will have storage capacity in excess of 350,000 bbl and the project is scheduled for installation in the 3Q 2008.

04/17/2008

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