PEC Clinches $160.5m European Contract

Wednesday, March 10, 2010

PEC Ltd. announced that Verwater-Audex B.V., a 50-50 joint venture company between its subsidiary Audex Pte Ltd and Verwater B.V., has won a $160.5m contract to build a 465,000 m3 tank terminal in the strategically located port of Rotterdam (Netherlands).

Verwater-Audex will provide engineering, procurement and construction (EPC) services to build the tank terminal for Euro Tank Terminal B.V. (ETT). The project is slated for completion by 2012 and will boast state-of-the-art facilities. ETT is wholly owned by Vitol Tank Terminal International (VTTI) which owns and operates terminals and pipelines around the world. VTTI is a wholly owned affiliate of the Vitol Group, a provider of trading and marketing services across the oil and energy sector.
 


Contracts

ACE Winches Bags Order from Vard

Deck machinery specialist ACE Winches said it has been awarded a spooling contract with Vard Group AS for Norway’s largest construction vessel.   The scope of work includes the spooling of two 3,

Fugro, US Army Corps of Engineers Ink Mapping Deal

Fugro has been awarded a photogrammetric and LIDAR surveying and mapping contract by the U.S. Army Corps of Engineers, St. Louis District, Missouri. The agreement

Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications

 
 
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