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Vallianz bids for $1.2bn in offshore jobs

Vallianz bids for $1.2bn in offshore jobs
Singapore’s Vallianz has bidded for offshore projects worth over $1.2bn to supply offshore vessels in Asia, Middle East, Latin America and Africa.

For these projects, Vallianz aims to provide a variety of offshore vessels to perform services emcompassing platform supply run services, anchor handling and supply services, accommodation services and salvage support services to major international and national oil and gas companies, as well as service providers to oil and gas companies.

In addition to bidding for projects, Vallianz will be expanding its fleet size by an additional 24 vessels to be delivered within the next 24 months. These vessels include primarily platform supply vessels (PSVs), anchor handling tug supply (AHTS) vessels, multi-purpose vessels (MPVs) and anchor handling tug (AHT) vessels.

Vallianz has also signed a collaboration agreement with a Chinese shipyard to provide market intelligence, including future trends and engineering specifications and requirements for up to 200 new offshore vessels.

“The strategic collaboration with the shipyard enhances Vallianz’s capability to plan ahead and the numbleness to provide marine vessels in a timely manner so as to swiftly capitalise on the industry’s burgeoning growth opportunities,” said Darren Yeo, executive director and ceo of Vallianz.

“This collaboration allows Vallianz the long term remarkable capability to confidently bid or projects and swiftly capitalise on opportunities, while having the opportunity to access to vessel supply in which we are confident of the engineering specification and which meets the most stringent industry requirements,” he added.