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Malaysia’s Premier Operations and Maintenance Service Provider for the Offshore Oil & Gas Industry
wHAT We do
We offer the full spectrum of O&M services
FPSO Ventures Sdn. Bhd. (FVSB) was incorporated in 2003 to pursue Operations and Maintenance (O&M) services opportunities and initiatives for offshore floating systems. We are an affiliate of MISC Berhad, Malaysia’s leading logistics and shipping company listed on the KLSE main board.
We commenced our first O&M management contract in 2005 for the FPSO Bunga Kertas in the Penara and North Lukut Fields for PETRONAS Carigali. Since then, we have been progressively increasing our portfolio of managed assets and are currently the largest operator of floating production systems in oilfields throughout Malaysia. Today, almost 25% of the nation’s domestic oil production is managed through FVSB operated facilities.
Strong leadership
Knowledge-based management systems and processes
Experienced and skilled personnel
Fast, decisive and proactive response
Why we do it
Our Vision
We aim to be the premier provider of O&M services for the offshore Oil and Gas industry in Malaysia.
Our Mission
We provide the best customised O&M services that comply with our customers’ requirements and where possible, exceeding our customers’ expectations.
RECENT NEWS
2 Million Manhours Celebration
MMHE Johor - Together with our partners, MISC Bhd, Chevron Thailand and Malaysia Heavy Engineering Berhad, we celebrated a significant milestone of 2 million manhours without any Lost Time Injury on the FPSO Bunga Kertas redeployment project at Johor Bahru, Malaysia....
FPSO Ventures Sdn. Bhd. Secures Pre-Operations Contract for Indonesia’s First FLNG Unit
In 2016, FPSO Ventures Sdn. Bhd. was fortunate to be selected by Petronas to support the world’s first-ever Floating Liquefied Natural Gas (FLNG) unit. The Petronas Floating Liquefied Natural Gas Satu (PFLNG Satu) was a groundbreaking engineering achievement that set...
ABS Delegation Visit to FPSO Ventures Sdn. Bhd.
We were pleased to welcome Mr. Johnny Garret, Vice President of Regional Operations, Southern Pacific Region; Mr. Hasan Turkmen, Area Operations Manager; and En. Ahmad Nizam, Senior Principal Surveyor, to our offices today as we celebrate our 20-year working...
Our Experience
We commenced operations on the FPSO Bunga Kertas in 2005 and we have since expanded our portfolio to the Operations & Maintenance of 11 facilities consisting of one FLNG, four FPSO’s, five FSO’s and one set of two Mobile Production Units (“MOPU”).
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