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News - Detailed News Story

CH Offshore

Stock Chart
Last Done 0.485
Change -0.005 (-1.02%)
Volume 736
Range 0.485 - 0.495

CH Offshore: Establishment Of Joint Venture Company.

12 Feb 2010 17:20

CH Offshore Ltd has formed a new subsidiary named "Venture Offshore Pte. Ltd." in Singapore. Venture has entered into a joint venture agreement with PT Bahtera Niaga Internasional to establish a joint venture company in Indonesia to own, operate and charter marine vessels for transportation, exploration and production activities in the oil and gas industry and to manage the maintenance of marine vessels and provision of offshore marine services. BNI is a provider of marine support vessels to the oil and gas industry...

More information available here.

Source: ShareInvestor Express
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