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PPL shipyard, Singapore, - 08 Sep 2008
PPL shipyard, Singapore, has awarded a contract worth $2.75 million to Velosi’s subsidiary K2, for the assembly and installation of five new build jackup derricks, with the option for the contract to be extended to cover an additional three derricks. Velosi commenced work in June 2008 and has already started the assembly of the second new build jackup, with the first five derricks due to be completed in June 2009. |
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