Contract Win
30 Setembro 2008 - 3:01AM
UK Regulatory
RNS Number : 6223E
Velosi Limited
30 September 2008
Velosi Limited
Velosi announces New ConocoPhillips contract in Indonesia
Velosi Limited ("Velosi" or the "Group"), the AIM listed provider of asset integrity and HSE services to a number of major national and
multinational oil and gas companies, is pleased to announce that it has been awarded a new quality assurance, quality control and quality
surveillance services contract with ConocoPhillips Indonesia Inc. Ltd.
The contract began in June 2008 for a period of three years. Under the terms of the contract Velosi will audit and inspect pipe mills,
valve suppliers, fabrication yards and project sites to verify that the planning and execution of manufacturing, construction and testing
are carried out to meet the criteria in purchase orders and main contracts.
This new contract will increase Velosi's presence in Indonesia, Europe,the USA, Malaysia, Singapore and China, through work with
international vendors.
Commenting on this contract Dr. Nabil Abdul Jalil, Chief Executive Officer of Velosi said: "We are delighted to have been awarded this
contract from ConocoPhillips Indonesia Inc. Ltd. To be given the opportunity to continue building and developing the Group's relationship
with such a reputable multinational is an excellent reflection of our client's continued confidence in our ability to provide a top-level
service on a global basis."
- End -
For further information, please contact:
Velosi Dr Nabil Abdul Jalil 020 7930 0777
Dan Ooi
Strand Partners James Harris 020 7409 3494
Charles Stanley Securities Mark Taylor 020 7149 6000
Freddy Crossley
Cardew Group Tim Robertson 020 7930 0777
Shan Shan
Willenbrock
Catherine Maitland
This information is provided by RNS
The company news service from the London Stock Exchange
END
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