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(KUALA LUMPUR) ITS Group, a supplier of oilfield products and services, has teamed up with Scomi Group Bhd to form a joint-venture company, ITS Scomi Pte Ltd, to accelerate expansion in Asia-Pacific.
In a joint statement here yesterday, they said that the new company, which would be based in Singapore, would provide a wide range of oilfield equipment and associated services to oil and gas companies in the region.
The joint venture would offer operators the full complement of ITS equipment and a comprehensive service including drill pipe, drill collars, stabilisers, drilling jars, casing running equipment, fishing tools and pressure control equipment, available on a sale or rental basis.
'ITS Scomi will also offer fishing and tubular running services and will cover Singapore, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Brunei, Cambodia, Australia, New Zealand and East Timor,' the statement said. -- Bernama
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