MTQ Corporation Limited - Annual Report 2015 - page 3

/ MTQ CORPORATION LIMITED /
ANNUAL REPORT
2014/2015
MILESTONES
Corporate Profile
And Milestones
1
MTQ Corporation Limited (“MTQ” or the “Group”)
specialises in engineering solutions for oilfield
equipment, including repair, manufacture and rental
operations, supply of oilfield equipment and tools,
engineering services with a focus in subsea and topside
services, as well as pipe support and pipe suspension
products. Well-known for its broad experience for over
30 years and commitment to service quality, the Group
is the authorised working partner for some of the world’s
largest OEMs in drilling equipment and is accredited to
carry out manufacturing and repair works in accordance
to American Petroleum Institute Standards.
2014
Expanded into design and manufacturing of proprietary and custom-built pipe support and pipe suspension through
acquisition of Binder Group which has production facilities in Perth and Indonesia
2012
Acquisition of Neptune Marine Services Limited located in Perth, Western Australia, which provides engineering
services with a focus of subsea and topside services and has operational presence in the UK and Asia
2011
Acquisition of Premier Group which repair and manufacture oilfield equipment as well as supply oilfield equipment
and tools manufactured by some of the leading global brands
2009
Incorporated MTQ Oilfield ServicesW.L.L in Bahrain to provide services to the oil and gas industry in Bahrain and Gulf
states
2003
Metalock (Singapore) Limited (originally known as Metalock (Singapore) Pte Ltd) renamed to MTQ Corporation Limited
and expanded into fuel injection business in Australia
2002
Divestment of marine related businesses
1999
Listed on SGX Mainboard and expanded into sales and repair of turbochargers business in Australia
1988
Listed on SGX SESDAQ
1969
Metalock (Singapore) Pte Ltd was incorporated as private limited company in Singapore and subsequently embarked
on oilfield engineering, fabrication and equipment rental businesses
1959
Commenced operations in Singapore as Metalock (Far East) Ltd to set up a branch specialising in repairs of marine
equipment
OUR SERVICES
With the combined engineering capabilities of our
accredited facilities at MTQ Engineering, Bahrain,
Pemac and Binder Group, we are able to offer complete
manufacturing, repair and refurbishment services to
the oil and gas industry. Our services include:
Oilfield equipment supply
Equipment component manufacturing
Remanufacturing of most drilling tools
Oilfield equipment design and engineering services
Equipment recertification and rig inspections
General oilfield fabrication and welding
Design and manufacturing of pipe support products
Some of the products that we represent for sale and
rental are:
All forms of drilling spools, adaptors and related
pressure control drilling equipment
Heat exchanger mud coolers
Shale shakers
Drilling handling tools
BOP pressure test units and torque tools
Valves, including safety and drilling diverter valves
Mud pumps
Drillpipe protectors
Our key certifications include:
API DNV ASME
Within the Neptune Marine division, some of the key
services that we offer to the international oil and gas,
marine and renewable energy industries include:
Diving services
Asset integrity services
Positioning geophysical and geotechnical services
Underwater welding
Subsea engineering
Subsea stabilisation
ROV services
Manufacturing, assembly and testing
Within the Engine Systems division, we offer a wide
range of specialty products and services including:
Diesel fuel injection
Turbochargers
Performance parts
Automotive parts
Industrial specialty products
Remanufacturing
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