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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Indo Straits spends $15m to boost oil, gas business

  • Tassia Sipahutar

    The Jakarta Post

Jakarta | Sat, January 19 2013 | 12:14 pm

PREMIUM Marine support provider PT Indo Straits (PTIS) will spend up to US$15 million this year to further expand its business in the oil and gas sector, the company’s newly appointed director, Erawan Setyanto, said.

 “There are many opportunities out there and we have the technology. So, now is the time to develop it further,” he said in Jakarta on Friday.

 At the moment, th...