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News Release

TEHO Water begins equipment rental business

Nov 4, 2013

SINGAPORE- TEHO Water & Envirotec Pte Ltd (“TEHO Water”) recently secured its first equipment rental to Murphy Oil for its operation in the Kikeh field, East Malaysia. The scope supply is for one reverse osmosis watermaker capable to supply 10,000ltr/day capacity to support Murphy Oil’s operation for a period of six months. This project is secured by its subsidiary STS Seanly Marine Sdn Bhd located at Miri, Malaysia.

This project is not significant in value but excites the company in opening up a new revenue stream. TEHO Water is aggressively pushing this and has identified its next potential customer in West Africa for the supply of a much bigger unit capable to supply 300,000ltr/day of freshwater to support drilling activities.