As part of business strategies, we intend to:
Expand our existing IES
We plan to develop RWIS for markets in the Asia Pacific and Middle East regions, together with our technology provider and principal, Wright's Well Control Services LLC.
Increase our investment in marketing activities
We intend to focus on Indonesia and Malaysia where there is a high demand for services in the brown field market segment of mature oil fi elds, and in Australia and India where we have good knowledge of the local markets.
We intend to capitalise on our understanding of the Vietnamese culture, language and knowledge of the local oil and gas industry to deliver IES that meet customers' needs.
Continue to invest in product design and development
We intend to develop new designs of pipeline stabilisation and high strength grouting equipment, as well as new product generations of improved MGPs.
Continue to establish strategic alliances and/or acquire companies and technologies to expand our engineering solutions
We plan to identify more business partners and principals with whom we can collaborate to introduce their technologies to our customers in the Asia Pacific region.
We will be exploring opportunities to break into new overseas markets, in particular, selected countries in the Middle East and Africa.
Expand our Mobile Natural Gas Sector
We may expand through increasing the processing capacity of our current CNG plant in Indonesia; increasing our investment in CNG Vietnam; commercialising fl are gas and stranded gas sources; increasing our supply chain capacity, and expanding our supply chain into the power and transportation sectors in Indonesia.