Vallianz eyes entry into Egypt and Iran
Company and Rawabi seeking to pre-qualify for Egypt offshore tenders within H1 2016
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Singapore
OFFSHORE vessel owner Vallianz Holdings is set on expanding its fleet to support its venture into Egypt and Iran together with its joint-venture partner Rawabi Holdings.
Stopping short of committing to a fleet expansion plan, Vallianz's chief executive Ling Yong Wah told reporters that the opportunities in Egypt, where a giant gas discovery with 30 trillion cubic feet of resources was unveiled by Eni, will be "as significant as" those in Saudi Arabia.
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