(EnergyAsia, September 26 2011, Monday) — PEC Ltd, a Singapore company which provides engineering, procurement and construction (EPC) and plant maintenance services to the energy and pharmaceutical industries, said it has secured a five-year contract to provide tank maintenance and repair services for ExxonMobil Asia Pacific Pte Ltd.
Starting this month, PEC will maintain the major’s storage tanks and provide repair services for its two refineries and petrochemical complex in Singapore. The company did not disclose the contract’s value.
Robert Dompeling, PEC’s Group CEO, said: “The group is pleased with this win as it comes at a time when the operating environment continues to be challenging. This contract award will not only add to the group’s recurring income stream but also reflects the market’s confidence in PEC as a reliable and trusted engineering solutions provider.”
PEC was named on Forbes Asia’s “Best Under a Billion” List, a well-tracked ranking of Asia Pacific’s best performing companies with annual sales under US$1 billion.