SapKencana unit SapuraKencana (SK) Technology will work with Proserv to provide a range of services across the drilling, production, maintenance and decommissioning market sectors with a focus on subsea production and subsea maintenance services.
The move is prudent as one of SapKencana's main clients, Malaysian national oil company Petronas is seen cutting capex this year as it keeps to oil production reduction targets.
“The partnership will leverage on mutual strengths – Proserv’s suite of advanced subsea production equipment and controls and SK Technology’s technical support, resources and assets – to better support and enhance client projects,” SapKencana said in a press release.
SapKencana senior vice-president of business acquisition Vivek Arora said the partnership with Proserv allows the company to provide a more diverse range of services to clients, especially in operations and maintenance services.
“We can now provide clients with more technical expertise and resources to support a range of subsea projects, in particular facility optimisation, to extend the lifespan of fields, services and support.”
Proserv ceo David Lamont said: “We’re partnering a company that is well-respected throughout Asia Pacific and that shares our values and commitment to service excellence.”
He added that Proserv’s specialist capabilities complement SapKencana’s diverse range of services that would further enhance its offering to clients, particularly in the subsea services sector, and continue to grow its presence in the Asia-Pacific region.
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