MTQ Corporation Limited M05.SI Stock

MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, the United Kingdom, and Indonesia. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, such as heat exchanger mud coolers, shale shakers, drilling and spares handling tools, BOP pressure test units and torque tools, valves, mud pumps, drillpipe protectors, safety equipment, and pipeline products, as well as drilling spools, adaptors, and related pressure control drilling equipment; and designs and manufactures proprietary and custom-built pipe support and pipe suspension solutions for the oil and gas industry. The company is also involved in the manufacture of high pressure piping; general steel fabrication and repairing of oilfield equipment; fabrication of pressure vessels; remanufacture of drilling tools; and equipment recertification and rig inspection. It serves the original equipment manufacturers, drilling contractors and rig owners, and oil and services sectors. The company was formerly known as Metalock Singapore Limited and changed its name to MTQ Corporation Limited in 2003. MTQ Corporation Limited was founded in 1959 and is based in Singapore.