Kreuz Holdings has clinched two subsea installation contracts worth US$15.5 million (S$19 million) for projects in South-east Asia.
The group said on Wednesday that it had received a US$10 million project from a third-party client that will begin immediately and end in Q1 2013.
Its second US$5.5 million installation job was awarded by the Swiber Group. It is scheduled to start in Q2/Q3, with completion expected in the third quarter of 2013.
The group said on Wednesday that it had received a US$10 million project from a third-party client that will begin immediately and end in Q1 2013.
Its second US$5.5 million installation job was awarded by the Swiber Group. It is scheduled to start in Q2/Q3, with completion expected in the third quarter of 2013.