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Sunday, 20 July, 2008, 22:40 GMT | more prices >>

Global scoops $110m contracts

By Upstream staff

Louisiana offshore engineering group Global Industries has landed several contracts totaling about $110 million in the Asia Pacific/India region.

The largest of the contracts is part of the Mumbai High South redevelopment phase II project from India’s Oil & Natural Gas Corporation (ONGC).

“These projects also come shortly after Global's successful execution of the 3rd season of the PRP phase 1 project, which was completed ahead of schedule and to the great satisfaction of ONGC," said chief executive BK Chin in a statement.

Chin said these projects will strengthen the company’s position in the Asia Pacific/India region.

The projects will begin this year.