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Thursday, January 23, 2014

Scomi Energy plans crane biz foray via jv with Handal (Edge)

Scomi Energy Services Bhd may venture into the offshore pedestal crane business via a planned collaboration with Handal Resources Bhd.

In a statement today, Scomi Energy CEO Shah Hakim Zain said the oil and gas support services provider has signed a memorandum of agreement (MOA) with Handal which manufacturers cranes.

Shah Hakim said the MOA allows Scomi "to explore opportunities for collaboration with integrated offshore crane services provider and fabricator Handal Resources Berhad to supply modular workover rig, offshore pedestal cranes and related operations, repair and maintenance  services to oilfields in Africa and the Middle East."

"Under the memorandum of agreement signed, both parties will formalise working arrangements in relation to the proposed collaboration within the next six months," he said.

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