PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim

Page created by Dale Burton
 
CONTINUE READING
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
PDT OIL & GAS SERVICES SDN BHD
    A Subsidiary of Permodalan Darul Ta’zim
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
CONTENTS
 COMPANY OVERVIEW                  1
 COMPANY MILESTONE                 2
 CHAIRMAN’S STATEMENT              3
 GROUP PRESIDENT’S FOREWORD        4
 VISION & MISSION                  5
 CORE VALUES & CORPORATE CULTURE   6
 GROWTH JOURNEY                    7
 OUR OBJECTIVE                     8
 GROUP SUBSIDIARIES                9
 BOARD OF DIRECTORS                10
 WHO WE ARE                        11
 PDT TECHNIQUES                    12
 PDT ASCEND                        13
 PDT SCAFFOLD                      14
 PDT TRAINING                      15
 STRATEGIC PARTNERS                16
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
COMPANY
OVERVIEW

                                       The company’s core business revolves around
                                       providing wide array of services in relation to the
   Established in the 9th of October   oil and gas industry while adhering to the Health,
   2018, PDT Oil & Gas Sdn Bhd is      Safety, Security and Environmental (HSSE)
   the State Government of Johor’s     standards.
   strategic investment entity in      In addition of being a client-centric company, PDT
   response to the emergence of the    Oil & Gas Sdn Bhd thrives to escalate the State
   oil and gas industry at Pengerang   Government of Johor’s economic growth by
                                       providing career opportunities for the local citizen
   Integrated Complex (PIC), Johor.    in the oil and gas industry.

                                                                                              1
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
COMPANY
MILESTONE

                                                     Managing
                                                     state’s land                Realization
                                                     and lease                   to hold                       Renewable                                             Established
                                                                                 equity                        Energy                                                joint
                                                     Venture into                in                            (RE)                                                  venture
                                                     plantation                  strategic                                                                           companies
                                                     industries                  sectors

       PERMODALAN DARUL TA’ZIM                         1995                       2014                          2016                                                   2018
  A wholly-owned company of Johor State Government

          1994                                                         2001                       2015                                 2017
          INCEPTION
                                                                    Property                   Venture into
     State Executive                                                & Tourism                  utility
     Council (EXCO)                                                 Industries                 sectors                     A Subsidiary of Permodalan Darul Ta’zim

     meeting dated
                                                                    (Desaru                    (water &                     Creation of
     7th December 1994
     R/M Bil.07/1994                                                Coast)                     wastewater)                  oil & gas
                                                                                               and oil & gas                services
     To acquire, own and                                                                       industry                     division
     manage state
     government assets
     & equity that
     previously held by
     State Secretary
     Incorporation (SSI)

                                                                                                                                                                                   2
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
The state of Johor is moving with great resolve and making significant strides in the quest of
              development.

              The Pengerang Integrated Petroleum Complex (PIPC) has brought on lucrative economic
              spillovers, however, the benefits should be reaped cautiously to spur further growth. In this
              effort, I am very pleased that PDT Oil and Gas Services Sdn Bhd has responded positively while
              remaining at the forefront of Johor’s mission for sustainable and robust development, both
              economically and socially.

              The company will continue leveraging on the state’s competitive advantage to achieve our
              vision of taking on a lead role as the service provider of choice in the oil and gas industry. This
              is a part of our optimized efforts to reinforce and intensify Johor’s steady economic and
              development trajectory.

              Guided by our principles of enthusiasm, quality and cooperation, we are working hard to meet
              the expectations of our partners, shareholders and stakeholders, and gain respect from our
              peers. We look forward to higher returns and revenue increase on a yearly basis in order to
              attain sustainable growth for the state of Johor.

CHAIRMAN’S    Focusing on the main development tracks, Johor must be constant in creating a favorable

  STATEMENT
              ecosystem as an important driver for the diverse refining and downstream industry sectors.

              Despite the weight and volume of our tasks, the need to development domestic human capital
              remains on top of our mind. In this context, I believe that providing a platform for reskilling
              and skills development is one of the most important determinants of Johor’s economic health
              and success.

              Moving forward, we will continue to commit and strengthen the environment to facilitate
              lifelong learning and career progression in view of the rapid advancements and growing trends
              such as artificial intelligence and automation.

              On behalf of the Board, I would like to extend my utmost and sincere appreciation to all the
              members of the Board, the leadership team and the staff members who push on to build and
              reinforce our company with their hard work, commitment and pursuit of excellence.

                YAB. DATO’ Ir. HASNI MOHAMMAD
                CHAIRMAN | PDT OIL & GAS SERVICES SDN BHD                                                           3
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
First and foremost, I would like to thank YAB Dato’ Ir. Hasni Mohammad, as the Menteri Besar
                 of Johor and Chairman of PDT Oil & Gas Services, for his continuous support towards our
                 concerted efforts to penetrate the oil and gas industry. We believe that his vision and
                 commitment will pave the path to a brighter and stronger future for PDT as an organization as
                 well as a state GLC.

                 We have been formalizing our strategy since the inception of the organization. Our mission is
                 straightforward: customer-centricity. Our culture and business ethics are guided by a single
                 key foundation - humility; the very essence that fuels our every motion and nature of choice
                 at heart of everything we do.

                 In today’s complex business environment, we are determined to optimize our human capital
                 potential, the most valuable capital in our company.

                 Our high performance culture is positioned to consistently uphold our values and be a driving
                 force to provide better services in the oil and gas industry. Most importantly, our commitment
                 to serve the state’s best interests is always a top priority while also ensuring long-term
                 benefits of our partners’ profitability.
   GROUP
   PRESIDENT’S   We will continue our journey to strengthen our talent pool to contribute positively to the state

FOREWORDS
                 and the economic wellbeing of our people, stakeholders, investors and partners through
                 innovative approaches.

                 We are resolute in our pursuit to improve our organization’s health, safety, security and
                 environment (HSSE). This demonstrates our acknowledgement that building a deeply
                 embedded HSSE culture is paramount to our success.

                 My gratitude to all the PDT Oil & Gas Services employees and partners for their hard work and
                 dedication. I believe that our striving and committed employees are the best illustration of the
                 organization’s ethos of persistent determination to succeed.

                 My sincere appreciation to our stakeholders, investors, customers and partners for their
                 ongoing support thus far and for the confidence they have in our future. With that foundation,
                 we are well positioned to navigate the challenges and deliver stellar results in the long run.

                 LUKMAN BIN ABU BAKAR
                 PRESIDENT | PDT OIL & GAS SERVICES SDN BHD                                                         4
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
VISION
 &MISSION

                                           VISION
         To be the leading integrated services provider of choice in oil and gas industry
                             whilst leveraging value from the state.

                                         MISSION
                            Customer centricity is our priorities ;
         PARTNERSHIPS in effort to provide exceptional services and conform to the
                    Health, Safety, Security and Environment standard.
         DIVERSITY in creating competitive and value added services to our customer.
         TENACIOUSLY responsible corporate citizen that actively supports Johor's
               aspiration and serves in the best interest of the communities.

                                                                                            5
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
CORE VALUES
 & CORPORATE CULTURE

                                            The
                                       government
                CORE                   & the people                          CORPORATE
                                       are our top
              VALUES                      priority     Partnership           CULTURE
                                                      & cooperation
     Our values define who we are,                     are the keys
     what we stand for and how we                     to our success           A corporate
       behave. Our values are the
        foundation for how we do
                                                                                  culture
          business, and hold us                                             that encourages
       accountable to do our best.                               We are      teamwork and
      They govern our actions and                              profession
                                                               al and act       provides
         determine our success.
                                                                  with           rewards
      They were developed by our
                                                                integrity
            people across our                                                 for individual
        organisation, so everyone                                               and team
     feels a personal responsibility
     towards creating a great work
                                                                              performance.
                                                         Religion
              environment.                                is our
                                                       core guiding
                                           Our           principle
                                       employees
                                         are our
                                        strength

                                                                                               6
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
GROWTH
  JOURNEY

                                                                     HORIZON 5            Initial Public Offering (IPO)
                                                      2026           Global service
                                                                     provider & Listing   Expanding regional & global presence

                                                 HORIZON 4          Expand partnership geographically sustainable growth
                                   2025          Regional Service
                                                 Provider           10,000 Johor skilled workers

                                                   Expert and establish services & capabilities (SME & SSE)
                                   HORIZON 3
                     2022          Sustainable
                                   business
                                                   Collaborations and partnership trust
                                                   Reliable and professional
                                                   Develop new business venture

                                   Institute and enhance capability & skill
            HORIZON 2
  2020      Enhance Capabilities
            & Improve Efficiency
                                   Improve efficiency & quality of services
                                   Explore technology & introduce digitalisation

                           Formation JV partnership to penetrate and
       HORIZON 1           lead market/sector
2018   Establish
       Presence
                           Explore & secure business prospects
                           Land acreage of 300 acres
                           Total investment of RM300 million

                                                                                                                                 7
PDT OIL & GAS SERVICES SDN BHD - A Subsidiary of Permodalan Darul Ta'zim - Permodalan Darul Ta'zim
OUR
OBJECTIVE

                                       Asset Integrity & NDT
To
venture            We
                                       Scaffolding

and                have done
                   thorough
                                       Heavy Lifting & Vacuum Truck

invest             due-diligence
                   process
                                       Trade Skill
in
      OIL & GAS
                   and will focus in
                                       Facilities Management
                                       Logistics

      SERVICES
        industry
                                       Rotating
                                       Mobility
                                       System
                                       Actuator Valve Services
                                       Safety Equipment

                                                                      8
GROUP
    SUBSIDIARIES
                   PDT ASCEND SDN BHD

                   PDT TRAINING SDN BHD

                   PDT TECHNIQUES SDN BHD

                   PDT SCAFFOLD ENGINEERING SDN BHD

                   PDT LOGISTICS SDN BHD

                   PDT INTEGRATED SDN BHD

                   PDT KINETIC SDN BHD

9                                                     9
BOARD OF
DIRECTORS

           LUKMAN ABU BAKAR    YAB. DATO’ Ir. HASNI MOHAMMAD   Ir. KORMAIN MOHD NOOR
             Group President               Chairman                    Director

                                                                                       10
WHO
      WE ARE

                                                           MOHD SHAHRIN DATO’ RAHMAT
                                                                         Director
MOHD EKMALUDDIN DATO’ ISHAK       DZULKIFLI HASSAN             PDT OIL & GAS SERVICES SDN BHD        FIRDAUS SAMAD                      AZMAN JAAFAR
        Executive Director           Deputy President                                                  Deputy President                Chief Executive Officer
      PDT TRAINING SDN BHD              of Finance                                                   of Legal & Secretarial      PDT SCAFFOLD ENGINEERING SDN BHD
                              PDT OIL & GAS SERVICES SDN BHD                                    PDT OIL & GAS SERVICES SDN BHD
                                     Managing Director                                              Chief Executive Officer
                                 PDT TECHNIQUES SDN BHD                                              PDT ASCEND SDN BHD

                                                                                                                                                                 11
PDT TECHNIQUES SDN BHD
PDT Techniques, a subsidiary of Permodalan Darul
Ta'zim, a wholly-owned Johor State Government
company specializes in providing inspection consulting
services,   non-destructive      testing,    corrosion
engineering and asset integrity management services
to the oil and gas, petrochemical, utility,
manufacturing and construction industries throughout
Malaysia and abroad.
As our reputation amongst clients and quality supplier of NDT
and Inspection services has grown reliable, we have added to
the range of services we has to offer to our customers. PDT
Techniques has embarked on a plan to expand our geographic
area of operation and extend the services available to take
advantage of new business opportunities and the specific
needs of existing and new customers.

                                                                12
PDT Ascend Sdn Bhd delivers integrated
PDT ASCEND SDN BHD      heavy lift and haulage services for the
                        construction and transport of large and
                        heavy structures for the offshore market.

               PDT Ascend was established in 2018 by PDT Oil & Gas Services Sdn.
               Bhd. (a wholly-owned company by the Johor State Government) and
               Tiong Woon Crane & Transport (M) Sdn. Bhd. (a wholly-owned
               subsidiary under Tiong Woon Corporation Holding Ltd). Founded in
               1978 and listed in the main board of the Singapore Stock Exchange
               since 1999, Tiong Woon has establishments in 10 countries within the
               South-east Asia region and Saudi Arabia, amassing a fleet of more
                         than 500 heavy lifting machineries over 41 years.
                        PDT Ascend thrives to be the most customer-centric
                        company by offering great finesse in the operation and
                        maintenance services of the heavy machinery industry
                        throughout the region. Traversing more than just a
                        service provider, our company aims to foster the local
                        participation and acts as a catalyst in enhancing the
                        livelihood of the future generation in the State of Johor.

                        We also possess our own fleet of heavy lift and haulage
                        equipment, tugboats and barges to provide a wide
                        spectrum of integrated services for clients who are
                        mainly involved in the Refinery and Petrochemical
                        Integrated Development (RAPID) Project in Pengerang,
                        Johor.

                                                                                      13
Subsidiary to Permodalan Darul Ta’zim, a wholly
                                   company by Johor State Government, PDT Scaffold has
                                   grown from strength-to-strength in the industry, both
                                   organically and through strategic alliances with
                                              experience technology partner.

                                   Established in 29 November 2018, PDT Scaffolding
                                   Engineering Sdn Bhd is a leading scaffold provider of
                                   choice to the upstream and downstream sectors in the
                                             oil, gas and petrochemical industry.
                                   We pride ourselves as a global player given the company’s joint
PDT SCAFFOLD ENGINEERING SDN BHD        venture background with the industry powerhouses.

                                   Having well established facilities in Refinery and Petrochemical
                                   Integrated Development (RAPID) in Pengerang, Johor gives the
                                   strategic locations for us. It is enable the company to operate
                                   from a position of strength in tapping synergistic benefits in
                                   readily serving a diverse range of customers that include
                                   multinational oil majors, national oil companies as weel as
                                   multinational engineering and services providers located
                                                         throughout the world.

                                   PDT Scaffolding is registered as a vendor to Petronas on the
                                   provision of manpower, materials, equipment, services and
                                           facilities for scaffolding services and inspection.

                                                                                                      14
PDT TRAINING SDN BHD

   PDT TRAINING SDN BHD was incorporated on November
       2018. It is a government-owned company and a
     subsidiary under Permodalan Darul Ta’zim (PDT).

          Implementing High Perfomance Development
          Program to enhance technical expertise,
          management skills and exposure to mega
            projects in Johor to the Johor Contractors.

                                                          15
STRATEGIC
PARTNERS
PDT OIL & GAS SERVICES SDN BHD
    A Subsidiary of Permodalan Darul Ta’zim

  No.1 Level 2, Sultan Ismail Building,
  Kota Iskandar, 79100 Iskandar Puteri,
  Johor Darul Ta’zim, Malaysia
  +607-2909 621 / 622          +607-2909 623
You can also read