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Vallianz bags USD 64m-worth of contracts in Mexico, West Africa and Asia Pacific regions

20th October 2014

Vallianz has won letters of award (LOAs) and new charter contracts with total value of USD 64m in Mexico, West Africa and the Asia Pacific region

Vallianz bags USD 64m-worth of contracts in Mexico, West Africa and Asia Pacific regions
The new contracts also include the supply of vessels to projects in Asia Pacific which further entrenches the group’s position in the region

The group will be supplying vessels ranging from anchor handling tug supply vessels (AHTS), platform supply vessels (PSV) and barges for periods of up to three years.

“These letters of award and new charter contracts mark our entry into Mexico and West Africa which is in line with the group’s strategy to diversify our geographical presence,” said Darren Yeo, chief executive officer of Vallianz.

“Our success in securing these contracts can be credited to our team’s unrelenting efforts to develop the group’s presence in these two fast growing offshore oil and gas exploration markets, which will pave the way for Vallianz to make further inroads in these key markets.”

The new contracts also include the supply of vessels to projects in Asia Pacific which further entrenches the group’s position in the region.

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