Labroy prepares Indonesian offshore services yard

Singapore company Labroy Marine Ltd is preparing a site on Indonesia’s Batam Island for a new rigs and FPSO conversion yard, which would be partially managed by Labroy Offshore Ltd. The 40-ha area would more than double Labroy’s newbuilding capacity to meet rising demand for rigs and FPSO conversions.

Labroy has an outstanding order book of $319.5 million.