Real Offshore Installation making strides into oil and gas business

December 30, 2008 · Posted in Mining News, Mining Stocks · Comment 

Real Offshore Installation Co Sdn Bhd’s partnership with Sime Darby Engineering Sdn Bhd is a stepping stone for the former to move into the oil and gas business.

Real Offshore managing director Koh Meng Guan said the company was set up in 2006 and formed a joint-venture company with Sime Darby Engineering called ROIC Sdn Bhd to bid for oil and gas projects in the Middle East.

“We won a contract worth RM1bil to do engineering, fabrication, procurement, offshore construction and commissioning in Doha, Qatar,” he told StarBiz.

Real Offshore was in charge of project management operations and offshore manpower supply.
Koh Meng Guan

Koh said the financial support from Sime Darby Engineering was crucial when bidding for jobs.

“The advantage that our company has is a team of experts who have more than 20 years experience in this industry,” he said.

In February, Sime Darby Engineering entered into transportation and installation services for the oil and gas industry via its joint venture with two partners that included ROIC.
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