Boustead unit bags contract to build energy infrastructure in Europe

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Boustead unit bags contract to build energy infrastructure in Europe.

BOUSTEAD Singapore's subsidiary, Boustead International Heaters , has secured a contract worth about S$100 million from the oil & gas industries.

The contract involves the design, engineering and supply of waste heat recovery units for a major energy infrastructure development in Europe. The latest contract raises the engineering and technology group's order book backlog to about S$823 million. This includes the unrecognised project revenue remaining at the end of June 2019, plus the total value of new orders secured since then.

Boustead said BIH's process technologies are increasingly supporting the world's ongoing energy transition, with fired heater systems and waste heat recovery units used in gas processing and hydrogen production, as part of the world's multi-decade transition to relatively cleaner fuels and renewables.These waste heat recovery units capture energy from turbine exhaust and flue gases generated by high temperature processes which would otherwise be lost to the atmosphere.


Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe: Italy leads bounce in shares, Fiat-Renault talks in focus[BENGALURU] European stock markets ended at a two-week high on Wednesday, led by a rebound in Italian shares and as investors bet more concrete signals of stimulus from central bankers may help allay global slowdown fears. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Trump or Europe? UK's Boris Johnson to sample post-Brexit reality at G-7 summitLONDON/BRUSSELS (REUTERS) - Mr Boris Johnson is about to feel the pinch of Brexit Britain's new global status: squeezed on one side by Europeans in no mood to yield, and on the other by a United States driving a hard bargain for its economic support.. Read more at
Source: The Straits Times - 🏆 8. / 63 Read more »

Brokers’ takeCompiled by Navin Sregantan GSS ENERGY | NEUTRAL (MAINTAINED) AUG 20 CLOSE: $0.074 TARGET PRICE: $0.074 RHB Research Institute, Aug 20 GSS Energy's Q2 FY2019 profit of $87,000...
Source: thenewpaper - 🏆 7. / 63 Read more »

First ever tourists invited to stay at the Presidential Office Building in TaiwanAnyone over the age of 20 and not a citizen of the Republic of China is eligible for the stay.
Source: YahooSG - 🏆 3. / 71 Read more »

Trash for tickets on Indonesia's 'plastic bus'Dozens of people clutching bags full of plastic bottles and disposable cups queue at a busy bus terminal in the Indonesian city of Surabaya -- ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Boeing awarded US$999 million contract for A-10 wing replacements: PentagonBoeing has been awarded a US$999 million defense contract to replace the wings on A-10 close air support aircraft, the Pentagon said on Wednesday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »