SINGAPORE (Yosefardi) – IEV Holdings Limited, a provider of integrated engineering solutions (IES) and clean energy solutions, have been awarded three pile grouting and two free span correction contracts by three engineering, procurement, installation and commissioning (EPIC) contractors.
The work program for the pile grouting service covers seven offshore platforms in Malaysia and Indonesia, while the free span correction service will be performed on four pipelines in Indonesia. The Contracts, with aggregate value of approximately USD2.2 million are expected to be completed in 4Q2013.
The Contracts are related to the engineering services offered under the Group’s jacket and pipeline installation solutions (JPIS), which targets the development of new offshore production facilities.