HOULDER SECURES MAJOR NEW INTERNATIONAL CONTRACT

Houlder has been awarded a three year contract to deliver Project Management Consultancy services to Libya’s Mellitah Oil and Gas B.V. (“MOG”) in relation to the design, construction, delivery and hook-up of a new Floating Storage and Offloading System (“FSO”) and associated subsea systems. The new Gaza FSO will replace the existing Sloug FSO which has been on site since 1989.

The contract win is a significant success for the company and will secure up to 30 high value marine industry jobs for the duration of the project.

Rupert Hare, Chief Executive Officer (pictured) commented “We are delighted to be working with Mellitah Oil and Gas B.V. to deliver this prestigious global project and look forward to a long partnership to ensure the timely installation and success of the new FSO.”

Houlder has been supported in securing the project by UK Export Finance (“UKEF”) and Barclays Bank.

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“Charting a ‘solo’ course through this swirl of uncertainty is close to impossible. That’s why we’re often asked by clients to build their knowledge, evaluate their challenges and assess their options. We work closely with research funds and clean-tech providers by bringing decades of industry experience to bear. Our position is independent, technical ‘client friend’ for the decarbonising decades ahead.”

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Rupert Hare, Chief Executive Officer

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