Wednesday, August 25, 2010

BH Global Marine

BH Global Marine: Clinches two contracts valued at $20m (sizeable compared to $100m revenue in FY09). The first order involves providing EPCM services to an FPSO vessel, while the second order involves the handling of supply chain mgt for offshore cables for an FPSO conversion project.

30% of the order book will be executed in FY10, with the remaining to be completed in FY11.

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