Avingtrans has announced another material contract, for original equipment for the oil & gas market, for its Peter Brotherhood subsidiary. Peter Brotherhood will supply steam turbines for a new floating production vessel for an offshore & marine customer. The contract is worth in excess of £10m, with delivery expected primarily during Avingtrans’ FY20. This follows last week’s announcement of an aftermarket contract for nuclear life extension, worth over £10m across FY21 and FY22, for its Haywar ....
