THI Project Announcement In Third Quarter

On the 3rd quarter of 2018, PT Taka Hydrocore Indonesia (THI) is successfully awarded three offshore geotechnical service contract projects for Jawa-1 Meindo, PHE WMO and Sangkah Indonesia Pangkah Limited. The contracts of geotechnical investigation services comprise offshore field investigation and laboratorium testing for several infrastructures including offshore platform, will be implemented using Taka vessel AG Geodrill. At the same period, PT THI also closed bid stage process of BP water well project and prepare for Stage 1 mobilization in coming weeks.

Management of PT THI, Mr Syukri Fitrialdi & Mr Denni Andri commented that the significant achievement for above project will improve and strengthen Company portfolio for the following quarter and getting step ahead for Company sustainability in investigation service business in Indonesia and ASEAN region.

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