SapuraCrest to focus on human resources development

SapuraCrest Petroleum Bhd shifts its focus to developing human resources.

Offshore staff

(Asia-Pacific) - Malaysia's upstream service company SapuraCrest Petroleum Bhd will now be focusing on developing human resources next, its executive vice-chairman Shahril Shamsuddin says.

Going forward, SapuraCrest will continue to build on its competencies internally, and as it covers the Asian region, it will need competent people to manage the assets for the upstream sector, he says.

The oil and gas drilling and installation service company had secured about $269 million worth of work in the last three months in Malaysia, Vietnam, Indonesia, India, Australia, and the Sakhalin Island.

Among its major investments is theSapura 3000 vessel, a 50-50 joint venture with Stolt Offshore SA.

Sapura 3000, a new-build heavy lift and pipelay barge, is to be delivered in early 2007 and will operate in deepwater projects in Asia.

02/22/06

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