Stock News: Oakwell Eng secured 20.5 mln contract!

Oakwell Engineering Ltd, which provides engineering and contracting services for the oil, gas, marine and electronics industries, said its subsidiary Oakwell Engineering International Pte Ltd has secured a 20.5 mln sgd contract to build a mid-ship section for the vessel "Queen of the Netherlands". The project will start next month and is expected to be completed in 13 months, it said in a disclosure to the stock exchange.