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December 01, 2015 4:27 PM ET

Energy Equipment and Services

Company Overview of Carimin Petroleum Berhad

Company Overview

Carimin Petroleum Berhad, an investment holding company, provides technical support services in the offshore oil and gas industry in Malaysia. The company operates through four segments: Manpower Services; Hook up, Construction, and Commissioning; Marine Services; and Others. It specializes in engineering, scheduled/work pack development, procurement, structural/piping fabrication, electrical/instrumentation installation, pre-commissioning, and commissioning activities. The company provides professional technical and non-technical personnel services; geophysical services; engineering consultancy and technical support; and quality assurance and integrated inspection services. It also offers h...

B-1-6 Megan Avenue 1

189, Jalan Tun Razak

Kuala Lumpur,  50400


Founded in 1989


60 3 2168 7000


60 3 2164 2199

Key Executives for Carimin Petroleum Berhad

Carimin Petroleum Berhad does not have any Key Executives recorded.

Carimin Petroleum Berhad Key Developments

Carimin Petroleum Berhad, Annual General Meeting, Nov 26, 2015

Carimin Petroleum Berhad, Annual General Meeting, Nov 26, 2015., at 14:30 Singapore Standard Time. Location: Dewan Berjaya, Bukit Kiara Equestrian & Country Resort. Agenda: To receive the audited financial statements for the financial year ended 30 June 2015 together with the reports of the Directors and Auditors thereon; to approve the payment of Directors' fees for the financial year ended 30 June 2015; to consider the re-election of Directors; to re-appoint Messrs. Crowe Horwath as Auditors of the company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration; to consider general authority for the directors to issue shares pursuant to section 132d of the companies act, 1965; and to transact any other business of which due notice shall have been given in accordance with the Companies Act, 1965.

Carimin Petroleum Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2015

Carimin Petroleum Berhad reported unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2015. For the quarter, the company reported revenue of MYR 14,844,000. Loss before taxation was MYR 20,185,000. Loss after taxation was MYR 21,730,000. Loss attributable to equity holders of the parent was MYR 21,728,000. Basic loss per share attributable to equity holders of the parent was 9.29 sen. For the year, the company reported revenue of MYR 164,161,000. Loss before taxation was MYR 2,791,000. Loss after taxation was MYR 8,144,000. Loss attributable to equity holders of the parent was MYR 8,142,000. Basic loss per share attributable to equity holders of the parent was 3.48 sen. Net cash used in operating activities was MYR 8,826,000. Purchase of property, plant and equipment were MYR 6,293,000.

Carimin Engineering Services Sdn. Bhd Receives a Letter of Award from Lundin Malaysia B.V

The Board of Directors of Carimin announced that the company’s wholly-owned subsidiary, Carimin Engineering Services Sdn. Bhd. had on July 08, 2015 received a letter of award from Lundin Malaysia B.V. for the provision of topside major maintenance contract. The total value of the contract will depend on the actual work orders to be issued by Lundin from time to time during the contract period. The contract which commenced on July 08, 2015 will be effective for two years until 2017. CES is required to provide topside maintenance services based on work order issuance basis for Lundin’s Wellhead Platform (WHP) and Floating Production Storage and Offloading (FPSO) unit in Bertam offshore oil field. The Contract has an option for a further one-year extension.

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