Friday, 25 April, 2014

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Puncak Oil & Gas

In line with the aspiration to expand its business and deliver value to its stakeholders, Puncak Niaga Holdings Berhad has forayed into the oil & gas sector, via its wholly-owned subsidiary Puncak Oil & Gas Sdn Bhd, and is endeavor to emerge as a significant player in the oil & gas sector. Our fast track entry into oil & gas sector started with the acquisition of GOM Resources Sdn Bhd and KGL Ltd by Puncak Oil & Gas Sdn Bhd for USD 59,000,000.00 (RM 182.88 million). This landmark purchase has made Puncak Oil & Gas Sdn Bhd the second largest Offshore Installation Contractor (OIC) in Malaysia.

Through acquisition and strategic partnership, Puncak Oil & Gas Sdn Bhd is set to become the fastest growing integrated solutions provider in the oil & gas industry and is committed to deliver outstanding value and performance to its clients.

With the best human resources, innovative technology and leading edge systems and processes in this new business sector, Puncak Oil & Gas Sdn Bhd will realize its Vision To Emerge As A Significant Player In The Oil & Gas Sector in Malaysia and the region within the medium term.