US$17m jobs for CSE from US energy firm

Singapore

CSE Global Limited has won two contracts from a US energy company valued at US$17 million for a deepwater project in the Gulf of Mexico. Work has commenced for the two contracts, slated for offshore execution from Q4 2014 to Q4 2015. The contracts were won by its wholly owned US subsidiary, CSE W-Industries Inc.

"We are delighted to have secured these two contracts in the Gulf of Mexico and seeing our customers continue to leverage on our expertise and placing their trust in our solutions and services. These projects are expected to contribute positively to CSE's financial performance for the financial years in 2014 and 2015," said Lim Boon Kheng, group managing director of CSE.