NOG Secures SW and Ballast Systems Contract

Mainboard listed Technics Oil and Gas Limited (Technics) a full service integrator of compression systems and process modules for the global offshore oil and gas sector, announced that its 40.21% associate company – Norr Offshore Group Limited (NOG) whose subsidiary – Wecom Engineering Pte Ltd has been awarded GRE contracts worth of S$7.2 million to supply, fabricate, test, install and commission for SW and Ballast systems for a Singapore customer.

 

Robin Ting, Executive Chairman & Group MD, said, “The group has been consistently securing contracts so far and we are pleased that this momentum in order flow continues. Given our recent successes in EPCC and CE projects in several countries in the region, we are witnessing higher interest level and support from large multi-national corporations while we maintain strong ties with key customers.”

 

These contracts are expected to have positive material impact on the earnings per share for the financial year ending September 2015, the company noted.