Monday, May 22, 2006

Stock News: BH Global Marine won 2.5 mln contract!

BH Global Marine Ltd said that it has secured a 2. 5 mln sgd contract from MODEC International LLC - USA (MODEC) for the supply of cables to feed power requirement for its Petrobras PRA-1 floating storage offloading project. "This contract signifies a major milestone in the corporate history of BH Global as this represents our significant foray into the offshore oil & gas sector," BH Global managing director Vincent Lim said in a statement.

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