Velosi's subsidiary wins $20million contract from Samsung Mar 27, 2009
Velosi Limited says that its 65% owned subsidiary, K2 International Limited (K2), has been awarded a three year contract with Samsung Heavy Industries

Velosi bags service contracts in Italy and Qatar Dec 17, 2008
Velosi says that following Velosi’s acquisition of a 60% stake in October 2008, PSC Italy has entered into an agreement with Saipem

Velosi bags 60% stake in Italian O&G services business Oct 28, 2008
Velosi has agreed to acquire a 60% stake in PSC Europe SRL ('PSC Italy') for an aggregate consideration of €1.8 million.