Barakah Offshore and Ocean Installer to collaborate in Malaysia

Barakah Offshore and Ocean Installer to collaborate in Malaysia

Malaysia’s Barakah Offshore Petroleum, via subsidiary PBJV, and Norwegian subsea service provider Ocean Installer have signed a collaboration agreement to exclusively work together in Malaysia.

The two companies will share expertise and resources to develop business in Malaysia for the deepwater installation of subsea umbilicals, risers and flowlines (SURF) and related services.

Encik Nik Hamdan Daud, deputy executive chairman of Barakah Offshore, commented: “This collaboration will allow us to serve the full spectrum of subsea installation market for Malaysia’s O&G industry and a step up for Barakah to be involved in deepwater segment. Together, we hope to provide good value for money solutions to our existing/potential clients. We are optimistic that the co-operation will support Barakah’s ambition to move up the value chain.”

Barakah said that the two companies will focus to provide cost effective fit-for-purpose solutions for the current market where clients are adapting to the low oil price environment.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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