Thursday, August 4, 2011

Mencast unit wins $5.2m contract to fabricate jack-up derricks

Mencast Holdings says wholly-owned subsidiary, Unidive Marine Services, has secured a $5.18 million term contract from Keppel FELS Limited to fabricate and install jack-up derricks. The contract is for a two-year period from June 2011. Work on the first jack-up derrick is expected to start on 16 August 2011.

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