LATEST NEWS

January 23, 2017

JAVA OFFSHORE ACQUIRES ASIAN GEOS SDN BHD

KUALA LUMPUR, 23 JANUARY 2017 – Java Offshore Sdn Bhd has recently completed the acquisition of a majority stake in Asian Geos Sdn Bhd, a specialist...

December 28, 2016

Java Offshore Sdn Bhd New Address

Same Great Work, New Location

Effective 3rd January 2017, Java Offshore Sdn Bhd will be relocating its office to

Level 1 & 2, Wisma Sin Heap...

November 28, 2016

International Petroleum Technology Conference (IPTC)

The 10th International Petroleum Technology Conference was held in Bangkok last week from 14 - 16 November 2016. A visit to the event at the Central W...

November 11, 2016

High Resolution Seismic Hydrography Screening for Exploration


Introduction

Petroleum exploration still relies mainly on 3D seismic to discover hydrocarbon accumulations in prolific basins throughout the worl...

September 27, 2016

Extremely Challenging site Investigation Campaign

Over a week, Java Insignia has been ‎performing an extremely challenging site investigation campaign on the eastern side of North East Kalimantan f...

JAVA OFFSHORE ACQUIRES ASIAN GEOS SDN BHD

KUALA LUMPUR, 23 JANUARY 2017 – Java Offshore Sdn Bhd has recently completed the acquisition of a majority stake in Asian Geos Sdn Bhd, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific market from both Gardline Geosciences Ltd and Helms Geomarine Sdn Bhd.

The acquisition will further enhance Java Offshore’s existing portfolio of services through the addition of an offshore geotechnical and engineering capability focused in the oil and gas, marine renewables, marine civil engineering and telecommunication sectors.

The additional service offering creates value for customer by being able to reduce contractual interface risks whilst ensuring that its overall objectives of any related projects are met. The ability to undertake both geophysical and geotechnical services will also provide customers with a cost effective and integrated approach of acquiring, analysing and interpretation of data required for various engineering design and drilling requirements.

On top of that the combined assets, resources and network locations will support for an improved responsiveness and reduced costs for customers within the Region.

Rizal Shah, CEO of Java Offshore, said: “We are extremely optimistic and very pleased with this acquisition. The consolidation of both companies will allow for a more cost effective and efficient platform for growth especially in the current challenges of the Oil & Gas Segment. On top of that, the ability to share Asian Geos’s technical knowhow and capability in Geotechnical Investigation and Engineering will allow us to access new markets and ultimately provide more value for our existing and future customers”

Dato’ Ir. Mohamad Helmi Zulkawi, Managing Director of Asian Geos said “The acquisition was a strategic decision which stemmed from our aspiration to expand its operations capabilities and realise its long-term plans of further enhancing its service offering in Malaysia and globally. This partnership gives us the opportunity to promote and securing more international businesses. It gives us the impetus to proceed with plans of enhancing our market share by leveraging on the groups experience and resources”.

Creating Value Through Consolidation