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 1 April 2017 PFLNG Satu, marked another major milestone with the successful loading of its first cargo at the Kanowit gas field, offshore Miri, Sarawak. The cargo was fully loaded onto the LNG carrier, Seri Camellia. With this accomplishment, PFLNG Satu, the...read more
FPSO Ventures Sdn Bhd’s (FVSB) parent company, MISC Berhad has started their conversion project of FSO Benchamas 2 for Chevron Offshore (Thailand) Ltd at Pasir Gudang, Johor recently. The contract for the FSO Benchamas 2 was secured through an international...read more
On 5 December 2016 PFLNG Satu, marked another major milestone when the facility successfully produced its first LNG from the Kanowit gas field, offshore Sarawak. PFLNG Satu, the world’s first operational FLNG facility, reached its final stages of commissioning and...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”).