ID :
121535
Wed, 05/12/2010 - 08:04
Auther :
Shortlink :
https://oananews.org//node/121535
The shortlink copeid
LABUAN SHIPYARD READY TO PLAY MAJOR ROLE IN OIL AND GAS INDUSTRY
KOTA KINABALU (Malaysia), May 11 (Bernama) -- Labuan Shipyard and
Engineering Sdn Bhd (LSE) is ready to play a major role in the oil and gas industry, particularly in contributing to an expected upsurge in Sabah where major oil and gas discoveries have been made in the waters off the state.
Its chief executive officer Mohd Azman Nasir said this when delivering his
paper entitled "The Strategic Value of LSE to Oil and Gas in the Region" during
the 1st Borneo Oil and Gas Conference and Exhibition organised by the Sabah Oil
and Gas Contractors Association here recently.
"We want to correct the market perception that we are not ready and
incapable of undertaking oil and gas jobs, both major and minor," he told the
audience, who comprised representatives from major oil and gas companies such as
Petronas and Shell.
"In fact, the direct opposite holds true", he said.
LSE has a fully-developed and well-equipped yard with an area of
close to 100 acres which is located on the doorstep of oil and gas activities in
Sabah and Sarawak, both East Malaysia states, Azman said.
"It makes sound business and economic sense for the industry players to
engage us in servicing them as this will entail substantial cost savings since
our yard is situated only about 200 nautical miles to the nearest oil and gas
fields off Sabah, compared to other similar facilities in the region," he said.
Azman said coupled with its track record and expertise in the oil and gas
industry which LSE inherited from Sabah Shipyard Sdn Bhd when it took over the
operations in 2005, LSE was prepared to deliver what had been entrusted upon it
in line with the professional and high quality standards required by the
industry.
According to him, positive attributes in the form of strategic geographical
location which is sheltered from the monsoons, skilled and professional
manpower, and modern equipment, facilities and infrastructure allow LSE to add
strategic value to the development of the oil and gas sector in the region.
"With a long history spanning about 40 years as a yard, LSE is confident of
achieving and delivering what it has set out to do," he said.
-- BERNAMA
Engineering Sdn Bhd (LSE) is ready to play a major role in the oil and gas industry, particularly in contributing to an expected upsurge in Sabah where major oil and gas discoveries have been made in the waters off the state.
Its chief executive officer Mohd Azman Nasir said this when delivering his
paper entitled "The Strategic Value of LSE to Oil and Gas in the Region" during
the 1st Borneo Oil and Gas Conference and Exhibition organised by the Sabah Oil
and Gas Contractors Association here recently.
"We want to correct the market perception that we are not ready and
incapable of undertaking oil and gas jobs, both major and minor," he told the
audience, who comprised representatives from major oil and gas companies such as
Petronas and Shell.
"In fact, the direct opposite holds true", he said.
LSE has a fully-developed and well-equipped yard with an area of
close to 100 acres which is located on the doorstep of oil and gas activities in
Sabah and Sarawak, both East Malaysia states, Azman said.
"It makes sound business and economic sense for the industry players to
engage us in servicing them as this will entail substantial cost savings since
our yard is situated only about 200 nautical miles to the nearest oil and gas
fields off Sabah, compared to other similar facilities in the region," he said.
Azman said coupled with its track record and expertise in the oil and gas
industry which LSE inherited from Sabah Shipyard Sdn Bhd when it took over the
operations in 2005, LSE was prepared to deliver what had been entrusted upon it
in line with the professional and high quality standards required by the
industry.
According to him, positive attributes in the form of strategic geographical
location which is sheltered from the monsoons, skilled and professional
manpower, and modern equipment, facilities and infrastructure allow LSE to add
strategic value to the development of the oil and gas sector in the region.
"With a long history spanning about 40 years as a yard, LSE is confident of
achieving and delivering what it has set out to do," he said.
-- BERNAMA
