Pelican wins $23-million contract

Singapore's Pelican Offshore Services Pte. Ltd. has signed a $23 million contract to build three fast supply intervention vessels for the Abu Dhabi National Oil Company (ADNOC).

Offshore staff

SINGAPORE -- Singapore's Pelican Offshore Services Pte. Ltd. has signed a $23 million contract to build three fast supply intervention vessels for the Abu Dhabi National Oil Company (ADNOC).

The boats will be delivered beginning in 3Q 2008. The contract includes an option for one additional unit, Pelican says.

ADNOC subsidiary ESNAAD will operate the vessels.

ESNAAD recently launched a $200-million fleet replacement plan.

2/26/2007

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