The group’s revenue also rose by 5% to $11.1 million during the
The extra revenue is from recurring income from long-term charters of its construction fleet, the company said.
Fee-based project management is expected to create more growth in the company, as well as engineering, procurement and construction services to the offshore production sector.
EOC acting chief executive Jon Dunstan said the company was determined to grow both aspects of the company.
“This