Velosi receives New ConocoPhillips contract in Indonesia

Velosi Limited, a provider of asset integrity and HSE services said Tuesday said that it has been awarded a new quality assurance, quality control and quality surveillance services contract with ConocoPhillips Indonesia Inc. Ltd.

Under the deal Velosi would audit and inspect pipe mills, valve suppliers, fabrication yards and project sites to verify that the planning and execution of manufacturing, construction and testing are carried out to meet the criteria in purchase orders and main contracts. The contract began in June 2008 for a period of three years.(alex)