Interra ties up with Chinese MNC Sany to invest in South-east Asia oil and gas

Singapore

OIL and gas exploration and production firm Interra Resources is collaborating with Chinese multinational heavy equipment firm Sany Heavy Industry to invest in the oil and gas industry in South-east Asia, as part of the latter's focus on securing China's energy needs.

Interra Resources on Monday entered into a memorandum of understanding with Sany South East Asia, a wholly owned subsidiary of the Hong Kong and Shanghai-listed group.