UK listed subsea services player Hallin Marine has been awarded a $5 million dollar contract extension with Singapore-based Swiber offshoot Kreuz.
The extension has been gained by Hallin’s Singapore-based manufacturing division, Hallin Manufacturing Services, and is for additional saturation diving equipment taken up by the offshore support company based in Singapore as options under its existing contract.
Hallin said the equipment is scheduled for delivery in the first quarter 2010.
