By Ling Hui
KUCHING, April 9: A Trojan-like consortium of 10 Sarawakian oil and gas (O&G) companies has been established to fight for local contractors to have a bigger “share of the cake” involving O&G projects in Sarawak waters.
Sarawak Petroleum Contractors’ Association (Speca) Consortium Sdn Bhd (Specon) executive chairman Datuk Rahman Lariwoo said this consortium will act as a platform to get more O&G job opportunities from the “big boys” especially Petroliam Nasional Berhad (Petronas) and Shell Malaysia (Shell).
“This consortium which was formed from Speca is to fight for more (O&G-related) jobs from Petronas, Shell and other giant O&G companies who are working within Sarawak waters.
“So, we hope our Sarawak government through Petros, could work together with Specon to provide more of such opportunities to Sarawak contractors,” he said during a press conference after the signing ceremony of Specon Shareholders Agreement at Speca headquarters here today.
The 10 companies who founded Specon are Dumas Holding Sdn Bhd, Konsortium Bumi Consultants & Services, Astaka Consulting Engineers Sdn Bhd, Petro Parts Sdn Bhd, Precise JV Resources Sdn Bhd, EPC Synergy Sdn Bhd, Pelangi Indah Engineering Sdn Bhd, Fastart Sdn Bhd, BMech Construction Sdn Bhd and Worldbay Diversified Sdn Bhd.
Adding on, Specon chief executive officer (CEO) Ir Jamel Ibrahim said Sarawak contractors have been left out from major O&G projects for a long time.
He added that now is the time to gather all these multi-disciplined contractors who are active in the industry under one roof seeing the potential of many huge projects to be implemented in Sarawak waters in coming years.
“We know very well that in the next few years, Sarawak waters will be the place where these activities are going to be implemented and it’s already starting to roll. So, we want to ride with the wave,” he said.
To up the game, Jamel said Specon is also getting help from three Korean partners namely KHPT Co., Ltd, PMC Co., Ltd and Pacific Ocean Marine Industries Co., Ltd who are highly experienced O&G players with excellent track records.
He said the partners are willing to bring in their technology, assets and funds to support Specon before Specon is financially mature enough to purchase their own machineries.
“Some of us (Specon) are very small companies, so we need assets and funds. In any O&G projects, we need a lot of money to get things going. Even to buy a vessel we need millions.
“So, we need people to back us up for now until we gather our own strength where we are able to buy our own assets,” he added.
During the meeting, Specon also signed a Memorandum of Agreement (MoA) with the three Korean partners via a virtual session. — DayakDaily
