2. SAPURACREST PETROLEUM
BERHAD
• incorporated on 3 March 1979
• 15 October 1992 - Bursa Malaysia
• the largest homegrown integrated O&G service
providers in Malaysia
• steadily expanded in operations internationally
• Active participant in the O&G industry:-
a. offshore oil and gas drilling
b. installation of pipelines & facilities
c. marine services
d. maintenance activities.
3. KENCANA PETROLEUM BERHAD
• December 2006 - Main Market of Bursa Malaysia
• strategically positioned as the preferred
integrated solutions and services provider for the
upstream oil and gas industry.
• enlarged integrated services offering that
encompasses their core business engineering
and fabrication services
• hook-up and commissioning
• onshore construction
• Offshore marine and drilling services.
15. GLOBAL EXPANSION
offers strong value proposition, given its full
spectrum of O&G services and vessel
chartering track record.
Solid partnerships :
Seadrill, Subsea7 and L&T
Not only offer technical collaboration-
opportunities - expand -foothold beyond
Malaysia.
16. STRATEGIC MARKET
PENETRATION
include Malaysia & regional countries,
neighbouring regions, emerging Latin America&
North American.
Infield Systems Limited (ISL) - total offshore
infrastructure capex between 2011 - 2015 -
USD298bn - growth of 42% compared -
previous 5 year
• to stiff competition from more established and
larger O&G companies
17.
18. COLLABORATion
• collaborated with GE Oil & Gas, a unit of US-
based General Electric, since Jul 2012,
• to improve O&M services for heavy industrial
gas turbines and its components.
• services offered under its O&M division include
wellhead maintenance, valve maintenance,
general plant maintenance, and slick-line
services.
19. RECOMMENDATION
• shortage of skilled labor
• can create Skills Centre to avoid a
shortage of skilled labor.
• Example like Petronas,
- built INSTEP which is a technical
training service provider.