Petra Energy Bhd

Petra Energy Berhad, an investment holding company, provides integrated brownfield and offshore marine services for the upstream oil and gas industry in Malaysia. It operates through Services, Marine Assets, and Upstream segments. The company engages in the exploration, development, and production of crude oil and petroleum resources; and ownership and supply of vessels. It also offers hook-up, commissioning and maintenance, project management, technical and other services, fabrication, subsea and underwater, as well as trading and engineering services; and owns and operates accommodation and work barges, workboats, anchor handling tug supply (AHTS) vessels, and mobile offshore production units (MOPU). In addition, the company explores, develops, and produces petroleum in Block SK433 located in onshore Sarawak; and Banang small field located in offshore Terengganu, Malaysia. Further, it involves production, operation, and maintenance services; storage and offloading facilities; wells and reservoir surveillance; production planning and forecasting; and inventory and warehousing management activities for an oil field. Additionally, the company engages in the design and fabrication of process equipment; packaging and supply of engineered equipment for the oil and gas industry; and design, fabrication, supply, and installation of industrial boilers and ancillary equipment. Petra Energy Berhad was founded in 1988 and is headquartered in Petaling Jaya, Malaysia.