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Wednesday, 27 March 2013

Rotary secures two contracts worth $42m

ROTARY Engineering has secured two new contracts worth about $42 million for work on Jurong Island.

The oil and gas infrastructure services company said yesterday that the first contract, valued at $30 million, was awarded by an international independent storage operator for oil, gas and chemicals. The project involves engineering design, procurement and construction (EPC) of three spherical storage tanks.

The second contract, worth $12 million, was awarded by an international speciality chemicals company. This project is for the fabrication and installation of pipe rack modules.
Both the contracts will commence this quarter.

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