Rigging, testing facility for Batam
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.
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.