Mon, 14 Jan 2008
Aqua-Terra Supply is to set up a rigging and testing and certification facility on Batam, Singapore's Business Times reported Tuesday (8/1/08).

The facility will be run under PT MH Global Indonesia, which is a subsidiary of Aqua-Terra unit Marinehub.

It will serve the needs of the increasing number of oil-and-gas and marine companies now operating in Batam.

Marinehub holds 99% of the equity while Kabil Industrial Estate owner PT Kabil Indonusa Estate takes up 1%.

Total investment in the company will be over $3 million, Aqua-Terra said in a statement.

Aqua-Terra's new facility will enable it to expand its rigging and testing and certification services from its current operations in Singapore to meet the needs of its customers in Batam.



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