Search results for: Vallianz

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  • 23 April 2014
    Business & Finance

    Following its entrance into the Kingdom of Saudi Arabia through the acquisition of Rawabi Swiber Offshore Services Co. Ltd. in October 2013, Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, continues to execute on its global expansion plans. In February 2014, Vallianz entered Latin America through the […]

  • 4 June 2015
    Business & Finance

    Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has announced that United Orient Capital Pte Ltd (UOC) will be investing $10 million in Vallianz. According to the press release, under a subscription deed that Vallianz with its subsidiaries (Group) signed with UOC, Vallianz will issue […]

  • 10 November 2014
    Business & Finance

    Vallianz Holdings, a Singapore-based owner of offshore support vessels, is eyeing expansion in Indonesian offshore vessels market. The company has reached an agreement to buy a 49 percent share in Indonesia’s PT Swiber Berjaya (PTSB), an Indonesian owner of offshore support vessel fleet, from Swiber Holdings Limited. Vallianz will pay around $17.5 million for the acquisition. […]

  • 13 July 2015
    Business & Finance

    Singapore’s Vallianz, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has won a time charter valued at up to $300 million to supply two self-elevating platforms. Vallianz has said that the contract is with an existing customer in the Middle East. In its press release issued Monday, the company did not […]

  • 25 May 2017

    Singapore-based offshore vessel owner Vallianz has reached agreements with Swiber and Rawabi to restructure its $138.7 million debt. Swiber, which holds 903,534,986 shares or 20.9% equity interests in Vallianz, had on October 13, 2016 notified the company of its interest to participate in the renounceable non-underwritten rights cum warrants issue proposed by Vallianz on September 6, […]

  • 26 November 2013
    Business & Finance

    Vallianz Holdings , an integrated offshore marine solutions provider in the offshore oil and gas industry, through its subsidiary, has been awarded US$150 million worth of chartering contracts by a leading company in the Middle East. Platform Supply Vessels (“PSVs”) will be chartered out from the first quarter of 2014 for 5 years, including option […]

  • 26 November 2013
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, through its subsidiary, has been awarded US$150 million worth of chartering contracts by a leading company in the Middle East. Platform Supply Vessels (“PSVs”) will be chartered out from the first quarter of 2014 for 5 years, including option […]

  • 23 May 2014
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, will be boosting its fleet capabilities with the addition of platform supply vessels of Ulstein P128 and PX128 designs. The new PSVs are the first of its kind in the world and chart the start of the modernisation and […]

  • 31 August 2016

    Vallianz Holdings, a Singapore-based offshore vessel owner, does not want to pay a multi-million claim sought after by Interim Judicial Managers of Swiber Holdings, a struggling oilfield services provider. In a statement on Wednesday, Vallianz Holdings said it had been served with letters from the interim judicial managers of Swiber Holdings Limited – a controlling […]

  • 1 October 2014
    Business & Finance

    Sinagpore’s Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, hasannounced that it is acquiring OER Holdings Pte. Ltd. for US$27.7 million. Headquartered in Singapore, OER is a provider of manpower services to the offshore industry and  has been supplying professional crew with proven experience in […]

  • 7 January 2016
    Business & Finance

    Singapore-based Vallianz Holdings on January 6, 2016, entered into two agreements to purchase two new built vessels for a total amount of $21.8 million.  The agreement was signed through Vallianz’s wholly owned subsidiary, Vallianz Engineering, but Vallianz did not reveal the name of the owner of two vessels. Vallianz is a vessel owner providing chartering, brokering, vessel management and marine marketing […]

  • 23 September 2014
    Business & Finance

    Vallianz Holdings Limited has entered into a deal to acquire a shipyard facility in Batam, Indonesia for S$19.8 million to establish its own marine base. Pursuant to the agreement, Vallianz Holdings’ wholly-owned subsidiary Vallianz Shipbuilding & Engineering Pte. Ltd. (“VSE”) will acquire the entire share capital of Singapore-incorporated Jetlee Shipbuilding & Engineering Pte Ltd and […]

  • 3 July 2014
    Business & Finance

    Vallianz Holdings Limited, Singapore’s offshore marine solutions provider in the offshore oil and gas industry, has signed a three-year collaboration agreement with China Offshore Oil Engineering Co., Ltd. (“COOEC”), the largest offshore engineering and construction company in China. Under the agreement, Vallianz will provide certain offshore support vessels, including submersible launch vessels, to support COOEC’s […]

  • 14 October 2016

    Swiber Holdings, a debt-burdened offshore oilfield services provider, is looking to take part in Vallianz Holdings’ right issue, despite being placed under judicial management. The move has made Vallianz postpone its Extraordinary General Meeting which was expected to be held October 17, where a decision would be made on the rights issue. Vallianz Holdings, Singapore-based offshore […]

  • 23 May 2017
    Business & Finance

    Vallianz Holdings, an offshore support vessels provider, has secured long-term charter contracts for four vessels valued up to $115 million in total.  These contracts were awarded by a national oil company (NOC) in the Middle East, as well as two offshore marine services companies based in Egypt and Turkmenistan respectively, Vallianz stated on Tuesday. The contracts […]

  • 7 January 2016
    Business & Finance

    Singapore-based offshore services provider Vallianz Holdings Limited has signed an agreement to acquire two newbuilt vessels for a total consideration of USD 21.8 million. The anchor handling tug supply (AHTS) vessels, to be bought from an undisclosed seller, will be financed by internal resources of the group and bank loans, Vallianz said, adding that ten percent of the total amount would be gathered through the […]

  • 23 May 2014
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, will be boosting its fleet capabilities with the addition of platform supply vessels of Ulstein P128 and PX128 designs. Two Ulstein P128 vessels have been acquired and will be delivered within the next 6 to 12 months as part […]

  • 20 July 2015
    Business & Finance

    Vallianz Holdings Limited, a provider of offshore support vessels, has signed new contracts valued up to $458 million that has lengthened the charter duration for 19 of its offshore support vessels (OSV) currently deployed to an existing customer in the Middle East. According to Vallianz’s press release, the customer is one of the world’s largest […]

  • 23 September 2014
    Business & Finance

    Vallianz Shipbuilding & Engineering (VSE) has entered into a conditional sales and purchase agreement to acquire a shipyard facility in Batam, Indonesia for S$19.8 million, Singapore-based Vallianz Holdings Limited said. Chief Executive Officer of Vallianz, Mr Darren Yeo said:“With direct ownership in a shipyard facility, Vallianz will have its own marine base to dock and carry out maintenance operations for […]

  • 9 May 2016
    Business & Finance

    Singapore’s Vallianz has secured a time charter contract for two of its Anchor Handling Tug, Supply and Safety Standby vessels. The contract is valued at up to $63 million, and has been signed with an undisclosed national oil company (NOC) in the Middle East. In a statement issued on Monday, Vallianz said the contract was for […]

  • 15 December 2014
    Business & Finance

    Vallianz Holdings Limited has secured a time charter award worth $97 million with “one of the world’s largest” national oil companies in the Middle East (NOC). However, Vallianz did not reveal the name of the client in question. Under the award, Vallianz will supply a specialized vessel for up to five years from the third […]

  • 16 May 2016
    Business & Finance

    Vallianz Holdings, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has won contracts worth up to $210 million in total. According to the Vallianz’s press release on Monday, following these contract wins, the company has set a new record of $1.2 billion for its order book, which comprises mainly […]