Iraq Contracts Boost Nessco Results

Telecoms networks company Nessco Group of Scotland reports that it has almost doubled its turnover from £16.8m to £33.1m, for the year ending April 2012.

During the year, the company secured two new contracts worth a total of £7 million in Iraq.

The first project will support a new offshore manifold and metering platform in Basra. Nessco is providing a full range of telecoms systems to keep the platform fully connected from satellite and meteorological systems to CCTV, telephone and radio technology.

The second project is for a large development at the Majnoon oilfield, with the first stage including voice and data systems, internet, security and meteorological technology.

The systems are being built by a team of engineers at Nessco Group's headquarters in Westhill, Aberdeenshire.

(Source: Finding Petroleum)

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