Fels Setal in US$90 contract with Delba Marítima

Brazilian offshore and marine service shipyard Fels Setal SA has executed an agreement worth US$90 million with Delba Marítima Navegação SA for the building of three oil platform support service vessels. Fels Setal, which is controlled by Keppels Group, plans to build the ships in the Verolme Shipyard at Angra dos Reis, in the state of Rio de Janeiro, Brazil. The agreement was finalised on December 10.