Perisai Petroleum Teknologi Bhd

Perisai Petroleum Teknologi Bhd is a value creating technology provider with more than 100 patents, granted or pending, owned directly or via licensing in a number of countries worldwide, of which 30 are co-owned with PETRONAS. Perisai provides proprietary solutions for topsides to subsea, from greenfields to abandonment, with a focus on long term customer satisfaction.

With a history dating back to 1994, Perisai’s vision is to be the Number One Value Creating Technology Company for the Oil and Gas sector in the ASEAN region.

In the market yesterday, oil and gas related stocks were big movers with counters such as KNM Group Bhd, Ramunia Holdings Bhd, SAAG Consolidated & Perisai Petroleum Teknologi Bhd attracting a lot of investor interest.

The company has evolved from a basic technology player to a high technology solution provider for pipe laying, decommissioning of uneconomic facilities, marginal field development and subsea technologies. Today, Perisai provides proprietary solutions from topsides to subsea, from greenfields to abandonment, with a focus on long term customer satisfaction.

One key factor is Perisai’s proprietary technology – it currently owns more than 100 patents directly or via licensing in a number of countries worldwide, of which some 30 are co-owned with PETRONAS.

Perisai with ownership of relevant hardware and technology aims to be A One Stop Support Centre for Marginal/Small field and Deepwater Developments providing specialist services in niche areas that include:

*Manufacture, supply, commission, installation of corrosion control products;
*Inspection and maintenance of pipes, pipelines, risers and heat exchangers; and
*Pipe Laying services – 6” to 60”
*Installation of top sides
*Decommissioning of facilities ( at the end of their useful life )
*Small and Marginal Field Development Solutions
*Enhanced Oil Recovery
*Deep Water technologies

Its value creating technologies have enabled Perisai to achieve numerous major milestones. These include:

#World’s first sub-sea riser bend repair for Brunei Shell without having to shutdown Main Oil pipeline.

#World’s first vacuum sealed caps for nuts and bolt protection.

#Licensee for world’s first all electric AlphaPrime technology that offers unsurpassed operation and cost efficiencies for incremental field development; and can be applied in greenfields to marginal fields and from shallow to deep water.