Technics Oil and Gas said that its 40.21% associate company, Norr Offshore Group Limited subsidiary – Norr Systems Hydraulics , has been awarded its 1st Micro LNG plant for the supply of process equipments and accessories for Indonesia.
“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.” Robin Ting, Executive Chairman & Group MD.
This contract is not expected to have positive material impact on the earnings per share for the financial year ending September 2014.
LNG World News Staff, November 04, 2013; Image: Norr Systems