Theprojects it is bidding on are in Asia, the Middle East, Latin America andAfrica, but it gave few other details.

Vallianzsaid the projects would involve it providing a variety of offshore vessels toperform various services.

The Singapore-listed company says the bid valuereflects burgeoning opportunities in the offshore industry.

Inanticipation of the work Vallianz says it will be expanding its fleet by anadditional 24 vessels to be delivered within the next two years.

Thesevessels