EMS Energy says subsidiary Oilfield Services & Supplies (OSS) has established Tianhe Oil (Singapore) (TOS), a Singapore incorporated joint venture (JV) company with Tianhe Oil Group Co.

OSS has a 20% equity stake in TOS, with the remaining 80% equity stake belonging to Tianhe Oil Group. The total paid-up capital of TOS is $500,000. TOS will be engaged in the trading of Tianhe Oil Group’s range of drilling and fishing tools.

Tianhe Oil Group is a privately-owned company operating in Mudanjiang City of Heilongjiang province, China. It is currently one of the largest drilling tools manufacturers in China and manufactures more than 120 types of products with over 1,000 specifications. These include drilling tools, work-over tools, cementing tools, coring tools, fishing tools and fitting, Hydraulic Bucking Unit, Hydraulic Jar Tester, Hydraulic Down hole Motor Tester, BOP automatic cleaning systems and other equipments. Its products are exported to the US, Canada, the European Union, the Commonwealth of Independent States, India, the Middle East and North Africa.

Meanwhile, EMS Energy says it has set up two new joint venture workshops in India and China to provide drilling tool repair services. The two new workshops are situated close to the repair and maintenance facilities of customers to allow for better customer service, faster turnaround and to provide a Singapore-style quality standard of products and services.

Its OSS subsidiary has an 8% equity stake in Veenine High-Tech Engineers Pvt. Ltd (India), and a 55% equity stake in Oilfield Services & Supplies (Tianjin) Co. The paid up capital of the two workshops are 30 million rupees and RMB2.8 million ($0.57 million) respectively, and the remaining equity stakes in the two new workshops are owned by individual parties.