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Friday, May 27, 2011

SapuraCrest, GE Open O&G Services Facility in Malaysia

- SapuraCrest, GE Open O&G Services Facility in Malaysia

Friday, May 27, 2011
GE O&G

Strengthening its long-term partnership with GE, SapuraCrest Petroleum Berhad, Malaysia's largest integrated oil and gas service provider and a subsidiary of Sapura Group, has opened an expanded, state of the art Regional Services Center (RSC) in Kuala Lumpur, Malaysia.

Covering approximately 24,000 sq. meters, the new $3.5M investment facility enables Sapura and GE to enhance support to key oil and gas operators in Malaysia and the region, including PETRONAS, Malaysia's national oil and gas company which has both a global frame agreement in place with GE Oil & Gas for the supply of a range of gas turbines and compressors and, secondly, a long-term service agreement in place with Sapura to provide services to GE's fleet of installed equipment in the country.

Dato' Sri Mustapa Mohamed, Malaysia's Minister of International Trade & Industry performed the ribbon-cutting at a ceremony attended by over 120 customers and VIPs, including Datuk Abdullah Karim, CEO of PETRONAS Carigali.

Datuk Shahril Shamsuddin, President and CEO of Sapura Group said, "This is a key milestone in our commitment to further push our capabilities into areas strategic to our growth. The partnership with GE will enable Sapura Service Centre to offer an enhanced value proposition to our Malaysian and regional customers to maintain their oil and gas producing equipment at peak performance levels. We have invested RM12million over the last ten years in this facility, to develop our capabilities, processes and facilities to comply with global standards. This certification by GE positions us even stronger and would also result in faster turnaround and cost savings for our customers."

Stuart Dean, CEO of GE ASEAN added, "The Sapura facility expansion highlights the strength of our partnership with Sapura and GE's overall commitment to a strong, localized presence in Malaysia and the region. Malaysia's dynamic oil and gas industry is an important contributor to world energy markets. GE is now even better positioned to deliver enhanced services capabilities to meet the needs of PETRONAS and other customers operating in the region."

The Sapura RSC provides an enhanced range of GE Oil & Gas turbomachinery related services, including maintenance and repairs, designed to enhance the efficiency and performance of GE's fleet of high-tech heavy duty and aeroderivative gas turbines and compressors installed in Malaysia and the region. The facility will also support GE's continued expansion in the drilling and production industry.

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