Kencana 2011 vis - SapuraKencana Petroleum

Corporate Milestones
1982
• Incorporation of Hin Loon
Engineering (M) Sdn Bhd (now
known as Kencana HL Sdn Bhd),
a resident contractor for major
fabrication yards in Malaysia.
1995
• Incorporation of Best Wide
Matrix Sdn Bhd (now known as
Kencana Bestwide Sdn Bhd), an
EPCC, Design, Engineering and
Project Management company.
2000
• Establishment of the
Lumut Fabrication Yard,
covering an area of
approximately 11 acres
with a 5,000 metric tonnes (mt)
load-out jetty.
2002
• Awarded a major fabrication
(Offshore Structures) license
by PETRONAS. Kencana
Petroleum is one of only seven
licensees in Malaysia.
• Awarded the Group’s first
topside and jacket project.
2003
• Kencana HL received ISO
9001:2000 accreditation from
Lloyd’s Register Quality
Assurance, Kuala Lumpur.
2004
• Kencana Bestwide received
ISO 9001:2000 accreditation,
awarded by Moody International
Certification (Malaysia) Sdn Bhd.
• Completed a project
involving wellhead platforms,
gas compression modules
and carbon dioxide (CO²)
removal skids.
6 Kencana Petroleum
2005
• Expansion and upgrading of
the Lumut Fabrication Yard to
an area of approximately 53
acres, with new 12,000 mt load
out jetty, covered workshops,
covered fabrication areas and
other facilities.
• Launched the Kencana
Petroleum brand.
• Secured our first overseas
major contract to fabricate,
precommissioning and load-out
of an offshore production
platform for installation
offshore Australia.
• Undertook the conversion/
refurbishment of the first Mobile
Offshore Production Unit (MOPU)
in Malaysia.
2006
• Secured the Group’s first
engineering, procurement,
construction, installation
and commissioning (EPCIC)
contract for the Bumi, Bulan and
Suriya gas field developments
in the Malaysia-Thailand Joint
Development Area.
• Secured the Group’s first
major “brownfield” project
for extensive modification
of offshore platforms.
• Became an integrated services
and solutions provider.
• Listed on the Main Market
of Bursa Malaysia Securities
Berhad.
2007
• Bagged a project to vertically
build a self-elevating and
re-locatable wellhead platform.
This project is the first of its
kind to be built in Malaysia
and the second worldwide.
• Expansion and upgrading of the
Lumut Fabrication Yard to
approximately 123.7 acres,
with an annual capacity of
40,000 mt, plus seven covered
workshops that allow 24-hour
fabrication activities in all
weather conditions.
2008
• Kencana Petroleum completed
the world’s tallest self-elevating,
re-locatable wellhead platform
(150m) project.
1982 2004 2005 2006 2007 2008
• Incorporated Kencana Petroleum
Ventures Sdn Bhd and Kencana
Marine Drilling Sdn Bhd
(formerly known as Kencana
Mermaid Drilling Sdn Bhd),
signaling the Group’s intention
to move into higher value added
oil and gas services.
• Enhanced the Group’s
specialised steel fabrication and
infrastructure capabilities and
gained a higher yard capacity
(48,000 mt annually) via the
acquisition of Kencana Torsco
Sdn Bhd (formerly known as
Torsco Sdn Bhd).
• Moved into the marine
engineering business, by
building the Group’s first
tender assisted drilling rig.
• Secured a contract to build
19 topside modules for floating
drilling production storage and
offloading (FDPSO).