| CATEGORY: AIM BULLETIN SECTOR: OIL EQUIPMENT, SERVICES & DISTRIBUTION |
Hallin Marine bags $1.1m Talisman deal |
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Mon 17 Jul 2006
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LONDON (SHARECAST) - Hallin Marine posted gains today after it announced a contract award for the provision of a subsea construction contract for Talisman Energy, offshore Malaysia.
The AIM listed provider of subsea solutions to the oil and gas industry said the deal at the Bunga Raya Field is worth $1.1m.
At short notice Hallin has mobilised the DP1 vessel 'The Mariner', operated by Sealion and survey and positioning equipment, air diving system, workclass ROV and specialist subsea personnel and operators to provide support of installation of additional offshore platform piles.
This activity is part of the water injection development of the Talisman offshore installation with works expected to be completed by end of July.
Chief executive John Giddens said, “The speed that we have mobilized this complex package demonstrates our professionalism and expertise as a marine and subsea contractor.”
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