Jakarta: PT Wintermar Offshore Marine has prepared a capital expenditure of $50m this year to finance the purchase of four vessels.
The company is planning to buy two AHTS vessels, one AHT vessel and one PSV.
“70% of the funds come from bank loans and the rest from internal cash,” Pek Swan Layanto, a spokesperson of PT Wintermar, told local media.
The company will use the new vessel for the oil and gas projects in Eastern Indonesia.
“We are targeting contracts with oil and gas companies which are ready to invest in Indonesia in 2017,” the spokesman added. [09/01/15]
