CUEL, Hertel sign MoU

CUEL Ltd. and Hertel Defence & Offshore have signed a Memorandum of Understanding (MoU) for supply and fabrication of offshore living quarter units.

Offshore staff

BANGKOK -- CUEL Ltd. and Hertel Defence & Offshore have signed a Memorandum of Understanding (MoU) for supply and fabrication of offshore living quarter units. The MOU was signed by Narong Boonyasaquan, managing director of CUEL Ltd., and Joost Knoll, CEO of the Hertel Group, at CUEL's Bangkok office.

This MOU represents a major step toward future cooperation between CUEL and Hertel, the companies said in a joint statement. Both companies have agreed jointly to secure and to execute offshore living quarter construction work in Thailand and other Asia-Pacific regions.

02/07/2008

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