wHAT We do
We offer the full spectrum of O&M services
FPSO Ventures Sdn. Bhd.(FVSB) was incorporated in 2003 to pursue Operations and Maintenance (O&M) services opportunities and initiatives for offshore floating systems. We are a subsidiary of MISC Berhad, Malaysia’s leading logistics and shipping company, and a public listed company on the KLSE main board.
We commenced our first O&M management contract in 2005 for the FPSO Bunga Kertas in the Penara and North Lukut Fields for PETRONAS Carigali. Since then, we have been progressively increasing our portfolio of managed assets and are currently the largest operator of floating production systems in oilfields throughout Malaysia. Today, almost 25% of the nation’s domestic oil production is managed through FVSB operated facilities.
Knowledge-based management systems and processes
Experienced and skilled personnel
Fast, decisive and proactive response
Why we do it
We aim to be the premier provider of O&M services for the offshore Oil and Gas industry in Malaysia.
We provide the best customised O&M services that comply with our customers’ requirements and where possible, exceeding our customers’ expectations.
On 25 August 2017, FVSB successfully completed the MOPU MP1 Cold Lay-Up Preservation project entrusted to us by our parent company, MISC Berhad. MOPU MP1 was demobilised from KBM Cluster Fields, Block PM316, Offshore Malaysia Peninsular and put to cold...read more
FPSO Ventures Sdn Bhd (FVSB) once again marked a major safety milestone in Q2 2017 after recording 30 million man hours worked without a Lost Time Incident (LTI). This achievement is a further confirmation of the successful efforts from everyone in FVSB. Safety...read more
In conjunction with OGA 2017, Petronas FLNG1 hosted a dinner for parties involved in the successful completion of the first floating LNG facility in the world, PFLNG Satu. Held at the Mandarin Oriental Hotel in Kuala Lumpur, the event was graced by Y.Bhg. Datuk Mohd...read more
We commenced operations on the FPSO Bunga Kertas in 2005 and we have since expanded our portfolio to the Operations & Maintenance of 11 facilities consisting of 1 FLNG, 4 FPSO’s, 5 FSO’s and 1 set of 2 Mobile Production Units (“MOPU”).