POSH confirms second deal for Shell Prelude project
Singapore
OFFSHORE marine services provider PACC Offshore Services Holdings (POSH) confirmed on Friday it has won a contract through a subsidiary to provide accommodation support towards Shell's Prelude floating liquefied natural gas (FLNG) facility.
The contract awarded to POSH Semco Pte Ltd by Technip Oceania Pty Ltd involves deploying the 750-person semi-submersible accommodation vessel (SSAV), POSH Arcadia, for accommodation support during the hook-up and commissioning of Prelude FLNG, POSH said in a Singapore Exchange announcement.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
It is time to put idle cash back into the market
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.33%
Gold dips as US dollar edges higher, investors seek more Fed cues
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
A timeline of DBS’ recent banking glitches
Zero-day options boom will only grow even as some investors fear disaster