Oil and Gas Lucrative Business

List-ID: 9985997315 Mar 16:37
  • Description
  • Specification
  • Oil price has reached USD100/barrel/day. This company has everything in-placed such as PETRONAS license registration, project track records, 10+ years in operation, positive cash flow, have running contracts, strategic networks, etc.

    About Us

    Briefly, we are 100% Bumiputra owned company with PETRONAS License. We have been in operation for more than 10 years and have secured and executed more than 50 Oil and Gas projects in the area of specialized engineering for companies like Petronas Carigali, Saudi Aramco, ABS, MMC Oil & Gas, Petrofac Engineering, CPOC, Aker Solution, Worley Parson, Technip FMC, etc.

    Besides engineering, we also currently have few running contracts with some Oil & Gas companies for our drilling software valuing at RM1.3 milion.

    We also have PETRONAS License for Drilling Rig scope. Generally the value of the contract for Drilling Rig Chartering estimated to be USD73 milion per year.

    We are currently registered:
    1. Petronas (License)
    2. Ministry Of Finance
    3. Bumiputra status (approved by MOF)
    4. TNB License (GLC)
    5. FGVH License (GLC)

    Please also note that we are also an exclusive Agent to :
    a) OGD Services Holdings Limited : Drilling Rig Chartering (potential contact value of USD 73 mil / year)
    b) PEL0T0N E.U. B.V. - Well data and drilling software (running contact value of RM1.3 milion/ year)
    c) ABS Group - Specialized Engineering Consultancy (potential contact value of USD 250K / year)

    Annual turnover for last three years (Audited):
    2020: RM3.5 mil
    2019: RM3.8 mil
    2018: RM1.7 mil

    Terms of the offer
    100% of our shares (Cash)
    Serious buyer only. We are not interested with any illegal or money-laundering nature proposals regardless the value. Please avoid wasting time.

    Reason to sell:
    Personal. Cashing out.

    Selling price:
    RM 1.97 Mil based on willing buyer, willing seller. Serious buyer only.

    Please call / whatsapp: Ahmad
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RM 1 970 000
Selangor - Shah Alam
Joined since: Sep 2010
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