- Business
- Perdana Petroleum Berhad is an offshore marine support services provider specializing in vessel chartering and logistics solutions for the upstream oil and gas industry. The company owns, operates, and charters a specialized fleet of offshore support vessels (OSVs) to support offshore exploration, development, production, and maintenance activities. Its core fleet and service offerings include Anchor Handling Tug and Supply (AHTS) vessels for towing, anchor handling, position mooring, and offshore rig support; Accommodation Workbarges (AWB) and Accommodation Workboats (WB) designed to deliver offshore living quarters, onboard catering, crane lifting operations, and dedicated deck workshop facilities; marine transport and supply logistics for delivering drilling equipment, casing pipes, dry bulk cargo, fuel, potable water, and production chemicals; and marine offshore support services for topside maintenance, hook-up and commissioning (HUC), well stimulation, and decommissioning projects. Operating primarily through its licensed subsidiary Perdana Nautika Sdn Bhd, the company provides offshore marine solutions to national oil corporations, international oil and gas operators, and major engineering and construction contractors across Malaysian waters and the wider Southeast Asian region. In recent developments, Perdana Petroleum initiated a fleet modernization program by ordering two newbuild 60-tonne bollard-pull AHTS vessels from Aulong Shipbuilding valued at approximately US$34 million, marking its first newbuilding expansion in over a decade to replace aging tonnage and expand operational capability. The company has also secured multiple medium- and long-term charter contracts and extension agreements with Petronas Carigali Sdn Bhd, Keyfield Serenity, and other regional energy operators, while continuing to execute recurring related-party vessel charters with its parent company and major shareholder, Dayang Enterprise Holdings Berhad, to support integrated topside maintenance campaigns. Furthermore, the company initiated a corporate share capital reduction to optimize its capital structure and offset accumulated losses. Perdana Petroleum Berhad was incorporated in 1995, tracing its foundational origins to 1988 under Petra Resources Sdn Bhd before rebranding from Petra Perdana Berhad in 2011, and is headquartered in Petaling Jaya, Selangor, Malaysia.