Technics Oil and Gas bags S$6.6m deal in Vietnam, Thailand

Check out this brief recap of its recently sealed deals.

According to a release, Technics Oil and Gas announced that it has been awarded two contracts worth a total of S$6.6 million. The first contract involving the EPCC for the supply of reciprocating compressors for Diamond development project blocks – offshore Vietnam.

The second involves EPCC for the provision of Deep Drawn Booster Compressor at Arthit. Despite strong competition from other international competitors, the Group was
eventually selected due to its excellent technical proposal, experience and proven track record in the related field.

Here's a recap of the the company's recent contract wins:

On 16 April 2012, Norr Systems was awarded its contracts for turnkey vessel constructions and service contracts worth S$13.1 million.

On 3 January 2012, the Group secured S$10.1 million contracts from customers in Russian Federation and China for supplying super structure for jack-up rig and manufacture and supply of Well Testing Equipment

On 13 September 2011, the Group won S$32 million repeat order from Vietsovpetro for the provisioning of topside equipment for wellhead satellite platform GT-1 and MT-1 for the “White Bear” and “White Cat” oilfields in offshore Vietnam.

On 7 March 2011, the Group has been awarded its second contract from Russia Federation for the provision of equipment for modification of Jackup Rig “Murmanskaya” and also the Gas Compressor Package for LNG Regasification Project for a Malaysian end-user worth S$13.1 million.