Who Are We / Overview

INCORPORATION & HISTORY

Our Company was incorporated in Malaysia on 10 October 2018 under the Act as a private limited company. Our Company was subsequently converted to a public limited company on 10 April 2019. Our Group is principally involved in the provision of support services for the O&G industry where we support both the upstream and downstream O&G activities.

OVE commenced operations as a provider of engineering, fabrication and NDT inspection and testing services.

Being a company which has its origin in Sarawak, has positioned us to capitalize on the state’s O&G industry, given the scale of O&G activities in East Malaysia.

We secured our first contract in May 2011 as a subcontractor for the provision of manpower and equipment to carry out engineering and fabrication works in Labuan.

Then in 2012, we undertook our first overseas upstream oilfield services project where we were engaged to provide blasting and painting services as well as manpower and equipment supply in Saudi Arabia for an international drilling contractor.

// Read More

On 25 April 2012, OVIT was incorporated to provide NDT, material testing and welding services. With this, we further expanded our NDT inspection and testing services business to better cater for the growing needs of the O&G drilling contractors in Malaysia.

In July 2012, OVIT was recognised as an approved external specialist for hull gauging services by the American Bureau of Shipping (ABS), an international shipping classification organisation which provides classification services as well as on-the-ground technical services for the marine and offshore energy industries. The ABS recognition is commonly a requirement by our customers when offering hull gauging services, especially on ABS certified rigs / vessels. Furthermore, this recognition provides our customers the assurance of the quality and standard of our services.

In 2014, OVE obtained PETRONAS licence and CIDB licence (Grade 7). We further expanded by opening a fabrication yard in Senai, Johor, as well as an office in Bintulu, Sarawak.

In September 2014, OVE was appointed as the exclusive agent and partner for Noble, a United Kingdom based O&G offshore drilling contractor listed on the New York Stock Exchange. Leveraging on our relationship with Noble, we extended our services to include the provision of drillships, semi-submersibles and jack-up drilling rigs charter for upstream O&G activities in Malaysia. Through the Noble Arrangement, OVE secured a contract in May 2015 with an international oil company for the provision of a deepwater drillship, the Noble Bully II Drillship in Labuan. The contract includes the charter of the drillship, the manpower to operate the drillship including the machineries and equipment, for the international oil company to perform drilling operations.

The year 2015 saw OVE being certified by Det Norske Veritas (a certification body for the maritime, O&G and energy industries) for meeting its standards in the manufacture of offshore containers in relation to OVE’s fabrication works. Amongst the offshore containers that we fabricate are cargo baskets, lifting frames and gas bottle racks.

In 2016, OVE was certified ISO 9001:2015 compliant by Bureau Veritas Certification (Malaysia) Sdn Bhd for EPC, installation, commissioning and maintenance services of onshore and offshore facilities for O&G, petrochemical and related industries. In the same year, OVIT was certified to conduct thickness measurement of hull structures by Bureau Veritas Certification (Malaysia) Sdn Bhd.

In January 2019, OVIT was approved to engage in the provision of thickness measurements on ships using standards requirements set by Nippon Kaiji Kyokai, a ship classification society based in Japan. This enables the Group to perform work on ships registered under the society.

Since the incorporation of OVE, we have grown with our business evolving from the mere supply of manpower and equipment to a wider range of services encompassing project management, EPC and drilling rig charter services. We have delivered our services for customers operating in over 15 countries in the regions of Asia Pacific, Middle East, Africa, Europe and America.

Call us today at +603-5886 2555 or Email us at info@ovbhd.com

Call Us Now