Swire Energy Services has increased its footprint in Malaysia with the opening of its new Kemaman base in partnership with Altus Oil & Gas Malaysia Sdn Bhd.
The company is the world’s largest supplier of specialist offshore cargo carrying units and leading supplier of cargo carrying solutions, modular systems, fluid management and offshore aviation services.
The new base at Kawasan Perindustrian Teluk Kalong comprises three acres of open yard space, an acre of covered warehouse and a further four acres of bonded warehouse currently under construction. The facility has increased local employment opportunities and offers a range of services to customers including refurbishment, maintenance, inspection and logistics.
Swire Energy Services has seen significant growth in Malaysia in recent years, and in December celebrated the milestone of 1,000 cargo carrying units in the region. The company mobilized its first units in Kemaman in 2012, and has significantly grown its fleet to meet customer demand in the area.
Swire Energy Services has invested $19 million USD in its South East Asian operations and has identified the market as central to its five-year growth strategy – Vision2020. Investments made last year were aimed at expanding the company’s cargo carrying unit rental fleet and developing bases in Malaysia, Thailand and Vietnam. This will be followed by a further $8 million USD capital spend on regional rental fleet in 2015 and an extension to the company’s Singapore yard.