Last €0.46 EUR
Change Today -0.032 / -6.52%
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As of 2:08 AM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

technics oil & gas ltd (V1U) Snapshot

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10/1/13 - €0.54
52 Week Low
02/4/14 - €0.31
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technics oil & gas ltd (V1U) Details

Technics Oil & Gas Limited operates as an integrator of compression systems and process modules for oil and gas clients. The company’s Engineering, Procurement, Construction and Commissioning segment is engaged in the design, procurement, fabrication, installation, and commissioning of process modules and equipment for oil and gas exploration and production on a turnkey project basis. Its Contract Engineering segment designs, procures, and fabricates modules, systems, and equipment for the oil and gas industry. The company’s Procurement Services segment provides after-sales services; and supplies spare parts and equipment, such as specialized valves and measuring equipment for oil and gas exploration and production. Technics Oil & Gas Limited designs, engineers, integrates, tests, and supplies turbo machinery control for the oil and gas, power, and general industries. In addition, it provides oil gas supply, aerospace repair, and OEM manufacturing services; and manufactures medical equipment. Further, the company offers repair, maintenance, fabrication, and other auxiliary services for visiting vessels through its offshore supply base; rents gas compressor packages; and offers operations and maintenance services. The company was formerly known as Technics Group Holdings Limited and changes its name to Technics Oil & Gas Limited in November 2005. Technics Oil & Gas Limited was incorporated in 2002 and is based in Singapore. It has operations in Singapore, rest of ASEAN countries, Australia, the People’s Republic of China, Germany, Taiwan, the United Kingdom, Sultanate of Oman, and the United States.

Founded in 2002

technics oil & gas ltd (V1U) Top Compensated Officers

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technics oil & gas ltd (V1U) Key Developments

Technics Oil & Gas Limited Announces Cessation of S Sunthara Moorthy S Subramaniam as Alternate Director

Technics Oil & Gas Limited announced the cessation of S Sunthara Moorthy S Subramaniam as Alternate Director to Tan Sri Nathan Elumalay. That following the resignation of Tan Sri Nathan Elumalay as a Non-Executive Director of the company with effect from 21 July 2014, Mr. Sunthara Moorthy S Subramaniam shall cease as Alternate Director to Tan Sri Nathan Elumalay with effect from 21 July 2014 in accordance with the Company's Articles of Association.

Technics Oil & Gas Limited Announces Resignation of Nathan Elumalay as Non-Executive Director

Technics Oil & Gas Limited announced the resignation of Nathan Elumalay as Non-Executive Director, effective from July 21, 2014 to pursue other interest.

Technics Oil and Gas Limited Secures Third Leasing Contract Worth SGD 17.3 Million

Technics Oil and Gas Limited announced that it has been awarded its third leasing contract worth SGD 17.3 million. It involves a 5 years leasing and maintenance contract for 5 units of Gas Compressor equipment as well as 1 year plant maintenance contract (with an option to extend for another 2 years) in Indonesia. Despite strong competition from other international competitors, the group was eventually selected due to its excellent technical proposal, experience and proven track record in the related field. These contracts are not expected to have positive material impact on the earnings per share for the financial year ending September 2014.


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