November 25, 2014 7:45 PM ET

Trading Companies and Distributors

Company Overview of Petra Resources Sdn Bhd

Company Overview

Petra Resources Sdn Bhd distributes equipment and provides operation and maintenance services to the oil and gas industry. The company offers materials, tools, equipment, consumables, manpower and supervision, marine vessels, transportation, electrical, offshore crane operations, and instrumentation maintenance services. It also undertakes trading activities for the upstream oil and gas industry. The company serves clients such as ExxonMobil, Talisman Malaysia, Nippon Oil Malaysia, Sarawak Shell, Sabah Shell, and PETRONAS Carigali. Petra Resources Sdn Bhd was founded in 1988 and is based in Petaling Jaya, Malaysia. The company operates as a subsidiary of Petra Energy Berhad.

No. 1, Jalan PJU 7/3

Surian Tower

9th Floor

Mutiara Damansara

Petaling Jaya,  47810

Malaysia

Founded in 1988

Phone:

60 3 7726 5576

Fax:

60 3 7726 7545

Key Executives for Petra Resources Sdn Bhd

Petra Resources Sdn Bhd does not have any Key Executives recorded.

Petra Resources Sdn Bhd Key Developments

PENERGY Announces Incorporation of Wholly Owned Sub-Subsidiary Company

The Board of Directors of PENERGY announced that Petra Resources Sdn Bhd (PRSB), a wholly owned subsidiary company of PENERGY had on November 25, 2013, incorporated a wholly owned subsidiary company named PE Resources Ltd. (PE Resources). PE Resources was incorporated on November 25, 2013 as a company limited by shares under the Labuan Companies Act 1990 with issued share capital of USD 1.00 comprising one ordinary share which is fully paid-up. The principal activity of PE Resources is an investment holding company. The incorporation of PE Resources is not expected to have any material effect on the earnings and net assets of the PENERGY’s Group for the financial year ending December 31, 2013.

Petra Resources Sdn Bhd Wins Contract from PETRONAS Carigali Sdn. Bhd

Petra Resources Sdn Bhd has been awarded a contract by PETRONAS Carigali Sdn. Bhd. on 21 May 2013 for the Provision of Hook Up, Commissioning and Topside Major Maintenance Services from 2013 to 2018. The duration of the contract is for five (5) years effective from 21 May 2013 and will expire on 20 May 2018.

Petra Resources Sdn Bhd Wins Contract to Provide Offshore Crane Operations and Maintenance for Sarawak Shell Berhad/ Sabah Shell Petroleum Co

Petra Energy Berhad announced that Petra Resources Sdn Bhd (PRSB) has been awarded, and accepted the contract to provide Offshore Crane Operations and Maintenance for Sarawak Shell Berhad (SSB)/Sabah Shell Petroleum Co. (SSPC). The Award is subject to PRSB fulfilling the terms and conditions stipulated in all the relevant tender documents. The contract is effective from 1 May 2013 and shall expire on 30 April 2016, with an extension option of 1 year subject to the approval of SSB/SSPC management and PETRONAS.

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