Nordic Group bags S$4m new orders

Nordic Group's wholly owned subsidiaries have secured new orders worth S$4.1 million.

They include contracts and letters of confirmation from repeat customers for jobs that are expected to be completed by second quarter of next year. The works involve supplying and installing valve remote control systems, tank gauging systems and anti-heeling system.

The firm has also received a contract to provide labour and materials to perform piping insulation work for Kraken FPSO Field Development Project which will commence next month and is expected to be completed by the first quarter of next year.

Nordic shares finished unchanged at 19 Singapore cents on Monday.