PETRA PERDANA BERHAD (“PPB"), an investment holding company listed on the Main Board of Bursa Malaysia, is involved in the oil & gas (O&G) industry. The Company provides administrative and management support services for all its subsidiary and sub-subsidiary companies (referred to as “the Group").

The Group’s foray into O&G began in 1988 when Petra Resources Sdn Bhd (“PRSB") was formed to undertake trading and supply activities for production sharing contractors (PSCs)/oil majors. Over the years, PRSB’s role expanded resulting in the formation of PPB in 1995. PPB subsequently acquired PRSB in 2000, and now spearheads the Group in various facets of the upstream O&G industry.

Having adopted a coherent growth policy, the Group systematically developed its resource capabilities and introduced a number of critical services to meet the increasing demands of the O&G industry.

In 2004, the Group accelerated its growth pattern by streamlining its business activities in the upstream sector of the industry. Here, it focused its efforts on Integrated Brown Field services to inlcude operaions & maintenance, integrated field optimization and integrated retrofits. The group also made its foray into offshore marine services. These initiatives not only resulted in a synergy of the Group’s business activities but also benefited oil majors in terms of quicker turnaround, improved efficiency and reduced costs. The Group’s expansion into offshore marine services was also in line with the growing demands of the upstream O&G industry in the country and region.

As a fully fledged Integrated Service Provider, PPB through its subsidiary companies provides a comprehensive range of products and services for the upstream O&G industry in Malaysia and the Asia Pacific Rim.

Expansion into the upstream O&G industry will undoubtedly be the mainstay of PPB’s activities, thus enabling the Group to realise its aspirations as a preferred ‘One-stop' Integrated Service Provider for the O&G industry.