Dynamic Australian marine services provider, Bhagwan Marine (BM), has announced the signing of a multi-year, multi-vessel contract to provide marine support to American company, Foss Teras Marine, on a major Oil & Gas construction project in the Russia’s Far East.
Work commences in 2Q16 and the timing couldn’t be better for BM as a number of vessels come off charter in the North West Shelf region of Western Australia.
“The recent downturn in the Australian Offshore Oil & Gas Industry has created significant opportunities and motivation for companies like us who are willing to explore other markets and regions”, said Bhagwan Marine’s Chief Operating Officer, Darren Kolln. “This contract is an important part of Bhagwan’s strategic expansion plans internationally”.
Edited from press release by Angharad Lock
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/15022016/bhagwan-marine-secures-russian-contract-531/