Singapore's Kreuz Holdings Wins Sub-sea Contract

Press Release
Friday, July 27, 2012

 Kreuz Holdings Ltd. wins US$13 million contract from major offshore oil & gas company for installation services in SE Asia

The work is scheduled to commence in the third quarter of 2012 for a duration of approximately three months, with option for further extension.

Mr Kurush Contractor, Executive Director and CEO of Kreuz, said: “We are pleased to win this third-party Southeast Asian project with our recently acquired construction class diving support vessel. The win attests to our strong capabilities and proven track record in the subsea industry."

Kreuz Holdings is a subsea solutions provider for the oil and gas industry. The Group’s origin can be traced to July 2008 with the establishment of Kreuz Subsea Pte. Ltd. as the subsea services division of the Swiber Group. The Group provides quality performance and cost effective subsea solutions, through main contractors, to end-customers who are generally major oil and gas companies.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Algoma Central Orders New Great Lakes Ships

Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal   Algoma Central Corporation announced that it has acquired

Russia, France Close to Deal on Mistrals

Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian

Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The

Subsea Defense

Iranian Ships Turn Away from Yemen

An Iranian convoy, believed to be carrying weapons destined for the Houthi rebels in Yemen, turned around and is headed north towards home country, WSJ quoted as U.

MacArtney Connectivity for Navy Bow Sonar Systems

MacArtney delivers connectivity for Thales FREMM frigate bow sonar systems    MacArtney Underwater Technology supplied SubConn underwater connectivity solutions

U.S. Navy Warship Steams Toward Yemen

The United States Navy is prepared to intercept Iranian ships in Yemeni waters using the USS Theodore Roosevelt and other ships, reports the AP.   According to this report,

Subsea Salvage

Two Rescued from Sinking Shrimp Boat

Two fishermen were rescued from their sinking shrimp boat by a U.S. Coast Guard aircrew Friday off the coast of Saint Simons Island near Brunswic, Georgia.   Watchstanders

Maritime Casualty Forum Held in Singapore

More than 250 shipping and insurance professionals gathered for the first ever Asian Maritime Casualty Forum held during Singapore Maritime Week.   The two-day conference,

700+ Migrants Killed in Shipwreck 'the Worst Mediterranean Massacre'

More than 700 migrants are feared to have drowned 'like rats in cages' on a smuggler boat because they were locked in the hold when it capsized off the Libyan  and sank in the Mediterranean sea.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1455 sec (7 req/sec)