Proserv Far East Pte. has signed a strategic agreement with Tanjung Offshore Services Sdn Bhd, strengthening the position of Proserv's Abandonment and Decommissioning strategic business unit in the highly active Malaysian oil and gas market.
Tanjung Offshore Services Sdn Bhd, a company that provides marine vessels, customized engineered equipment, project management, maintenance and parts and additional support services to oil and gas markets, will be Proserv's agent in Malaysia.
Proserv will benefit from having a central Kuala Lumpur base, helping the strategic business unit to expand considerably in the Malaysian market. The agreement is the latest step for Proserv to create the world's most comprehensive abandonment and decommissioning company.
To facilitate the introduction of the strategic business unit in this region, Proserv has appointed Mike Urbigkit as General Manager for the Kuala Lumpur operations. Speaking from his new base in Tanjung's headquarters, he said:
"The partnership with Tanjung Offshore Services is strategically important for Proserv because it's a company that's well established in the area, and will provide us with a new network of locations. We already have facilities in Australia and Singapore, but the base in Kuala Lumpur will give us a better reach into the large Malaysian market, placing us in a stronger position to serve existing clients and follow up new leads."
Commenting on the new agreement, Omar bin Khalid, Tanjung's Managing Director, said:
"Already Proserv has secured one tender and two other projects of interest. With an active business development team in place, I am confident that together, a substantial hub will be established within the next 24 months."
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