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News
28

Jun

2011

Renaissance Contract Services Group awarded US$ 49 million contract with Ministry of Health Hospitals

Renaissance Services subsidiary Tawoos Industrial Services Company LLC (TISCO), the Oman-based contract services company, has successfully mobilized Ministry of Health (MOH) hospitals under a new contract awarded to the company recently.

The contract award signifies a remarkable achievement for TISCO as the largest award from the Ministry of Health during the past two decades of its continuous business relationship.

Ananda Fernando, CEO of Renaissance Contract Services Group, said, “The Ministry of Health has always been in the forefront of our business portfolio and our company has had an unbroken, robust business relationship with MOH ever since its inception in 1986.”

The total awarded value represents circa Rial 19 million (US$ 49.4 million) with a contract duration of three years. The scope of work provisioned for TISCO include services such as catering, cleaning, laundry and pest control services for the hospitals.

Through this new award the company has added nine hospitals and health centres, taking the tally of total units served under this contract to 37.

28

Jun

2011

Renaissance Contract Services Group awarded US$ 49 million contract with Ministry of Health Hospitals

Renaissance Services subsidiary Tawoos Industrial Services Company LLC (TISCO), the Oman-based contract services company, has successfully mobilized Ministry of Health (MOH) hospitals under a new contract awarded to the company recently.

The contract award signifies a remarkable achievement for TISCO as the largest award from the Ministry of Health during the past two decades of its continuous business relationship.

Ananda Fernando, CEO of Renaissance Contract Services Group, said, “The Ministry of Health has always been in the forefront of our business portfolio and our company has had an unbroken, robust business relationship with MOH ever since its inception in 1986.”

The total awarded value represents circa Rial 19 million (US$ 49.4 million) with a contract duration of three years. The scope of work provisioned for TISCO include services such as catering, cleaning, laundry and pest control services for the hospitals.

Through this new award the company has added nine hospitals and health centres, taking the tally of total units served under this contract to 37.

26

Jun

2011

Renaissance marine subsidiary awarded Rial 61.5 million in new contracts

Renaissance Services subsidiary, Topaz Energy and Marine, has announced that its Marine division has recently signed long-term vessel contracts totaling approximately Rial 61.5 million (US$ 160 million) with major clients in the oil and gas and energy sector.

The newly acquired Topaz Khubayb, an anchor-handling tug supply vessel, has been awarded a three-year contract with Saudi Aramco to carry out offshore oilfield services in the Arabian Gulf, while Team Oman, the fleet’s cable-lay vessel, has been contracted to client ABB AB High Voltage Cables for a five-year wind farm support contract after successfully completing a two-year charter.

Roy Donaldson, Chief Operating Officer of Topaz Marine, said, “We are delighted to announce these two new contracts with prestigious clients that both fit well with the company’s strategic growth objectives. The prominent and fast growing Saudi Arabian market is an exciting area for the company as is the renewable energy space. Together the contracts are worth more than US$ 160 million including customer options.”

Additionally, Renaissance’s Engineering division has recently launched and delivered the Topaz Zenith, a high-tech, wave piercer catamaran, to the Marine division. The vessel has been deployed by Topaz Marine in support of offshore operations in the sultanate on a three-year contract with client RAK Petroleum Oman.

26

Jun

2011

Renaissance marine subsidiary awarded Rial 61.5 million in new contracts

Renaissance Services subsidiary, Topaz Energy and Marine, has announced that its Marine division has recently signed long-term vessel contracts totaling approximately Rial 61.5 million (US$ 160 million) with major clients in the oil and gas and energy sector.

The newly acquired Topaz Khubayb, an anchor-handling tug supply vessel, has been awarded a three-year contract with Saudi Aramco to carry out offshore oilfield services in the Arabian Gulf, while Team Oman, the fleet’s cable-lay vessel, has been contracted to client ABB AB High Voltage Cables for a five-year wind farm support contract after successfully completing a two-year charter.

Roy Donaldson, Chief Operating Officer of Topaz Marine, said, “We are delighted to announce these two new contracts with prestigious clients that both fit well with the company’s strategic growth objectives. The prominent and fast growing Saudi Arabian market is an exciting area for the company as is the renewable energy space. Together the contracts are worth more than US$ 160 million including customer options.”

Additionally, Renaissance’s Engineering division has recently launched and delivered the Topaz Zenith, a high-tech, wave piercer catamaran, to the Marine division. The vessel has been deployed by Topaz Marine in support of offshore operations in the sultanate on a three-year contract with client RAK Petroleum Oman.

 

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