Boustead Singapore on Wednesday said its energy-related engineering division has secured S$50 million in contracts from the oil and gas industries globally.
The contracts involve the design, process engineering and supply of process heater systems and waste heat recovery units to energy developments in Africa, Asia and Europe.
The latest contracts are expected to have a material impact on the group’s earnings for the next financial year ending March 31, 2015, and have raised Boustead’s orderbook to over S$450 million.
Boustead Singapore bags S$50m in deals
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