Jul 9, 2011

Wintermar seals US$6.5 mio contract

PT Wintermar, a subsidiary of PT Wintermar Offshore Marine Tbk (WINS) has been awarded a 2 year contract from Total E & P, a company organized and existing under the laws of the French Republic.
Under the contract, PT Wintermar is obliged to provide a supply vessel commencing in Total Indonesie is presently Indonesia's biggest producer of gas with her main field concentrated in Bekapai, Handil, and Peciko, East Kalimantan.
The vessels main scope of work involves: anchor handling and towing, safety standby services cargo transport services, passenger transport, oil spill clearance, firefighting services The contract is valued at about US$6.5 million and will commence next year in February 2012.
WINS  group has won 23 new tenders from January to May 2011, with total contract on hand valued as at end of May 2011. 
Wintermar Offshore Marine is an offshore marine services company that owns a fleet of over 60 vessels ready  to handle a  variety of marine support services required in the  upstream oil and gas exploration and production activities. 

Disclosure: No position at the stock mentioned above.  

Print This Article

No comments: