Vallianz bids for $1.2bn offshore projects

Singapore: Vallianz Holdings, an integrated offshore marine solutions provider, announced that it is participating in bids worth over $1.2bn for projects in Asia, Middle East, Latin America and Africa.

For these projects, Vallianz will provide a variety of offshore vessels to perform services encompassing platform supply run services, anchor handling and supply services, accommodation services and salvage support services to major international and national oil and gas companies, as well as service providers to oil and gas companies.

“Apart from pursuing projects which bring medium and long-term charters, another of Vallianz’s strategy for growth is to expand its asset base with the best offshore marine vessels in the market. Vallianz has made the strategic decision to immediately enhance its fleet and product offering with the 24 new vessels,” said Darren Yeo, ceo of Vallianz.

Vallianz has also signed a collaboration agreement with one of China’s first class international shipbuilding enterprises. Under this collaboration, Vallianz will provide market intelligence, including future trends and engineering specifications and requirements for up to 200 new vessels ranging from AHTS, PSV, MPV and accommodation work vessels. [24/04/14]

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