Singapore — 29 August 2013 – Jaya Holdings Limited, a Singapore-based marine services company, has signed a contract to place the platform supply vessel (PSV) “Jaya Vigilant” in the Indian Ocean off Mozambique to assume duty in the oil search there.   
   
The contract, which is valid for a two-year period, will bring in over US$20 million in revenues for the Singapore company, reports Macauhub News Agency.

The PSV is currently taking on the additional equipment needed for the activities stipulated in the contract, which was signed with an unnamed company.

The additional equipment includes a remote control submersible vehicle to collect samples at depths of up to 2,000m, which requires a 50t crane to be installed, as well as an additional deck to park the submersible.

The “Jaya Vigilant” is the second PSV owned by Jaya Holdings Limited “’ the first, “Jaya Valour”, is operating in Southeast Asia.

Source: Macauhub News Agency. For more information, click here.