Petra Energy Bhd
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Petra Energy Bhd
Petra Energy Berhad is an investment holding company. The Company provides brownfield services for the upstream oil and gas industry. The Company's segments include Services, Marine Assets and Development & Production Segment. The services segment encapsulates the Company's activities in the area of providing services, such as hook-up commissioning (HuC), topside major maintenance (TMM), fabrication, trading and engineering services. The Marine assets segment includes a range of marine assets and fleet operations, management and chartering. Its fleet of marine vessels include over five accommodation work boats, mainly for deployment within the Company's Pan Malaysia contract; five accommodation work barges, and one anchor handling tug supply vessel. The Development & Production Segment categorizes the Company's business activities in the risk service contracts and any new activities in relation to rejuvenation of brownfield wells, enhanced oil recovery and production service contract.