kokokoko

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WELCOME TO UMW WORKOVER
SIT PRESENTATION 18th DECEMBER 2014
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Kinosraj a/l Kumaran (15352) Chemical
Engineering Universiti Teknologi
PETRONAS Department Equipment
Department Supervisor Mr.Kathigeyan Nallasamy
(HC SV) Dr. Bhajan Lal (UTP SV)
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OBJECTIVES OVERVIEW OF PETRON PDR TRAINING
PROVIDED ROUTINE TASK CONCLUSION AND
ACKNOWLEDGEMENT QA
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OBJECTIVE

• To provide the student an opportunity to work
  in the industry and to receive
• practical training under the supervision of
  qualified engineering or technical
• staff.
• To demonstrate continuous building of skill and
  knowledge throughout the
• training and apply knowledge learn in the
  university

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1. Company Overview
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Overview
Background 1988
Establishment of UMW Oilpipe Services Sdn Bhd
marks our foray into the oil and gas business
2002
UMW Oil Gas division was established

• 12 November 2012

UMW Oil Gas Corporation Sdn Bhd incorporated in
Malaysia as a private limited company
14 May 2013
UMW Oil Gas Corporation Sdn Bhd converted into
a public company

• 1 November 2013

UMW Oil Gas Corporation Bhd Listed in Bursa
Malaysia

• Staff Strength

719 (as at 31 Dec 2013)
Financial Performance
2013

• Revenue
• PBT
• PAT

RM 737 Million / USD 234 Million RM 205 Million
/ USD 65 Million RM 192 Million / USD 61
Million
3 Exchange rate 31.12.2013 RM 3.1504 USD 1
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Business overview
We are a Malaysian-based multinational oil gas
(OG) player focused on providing drilling and
oilfield services for the upstream sector of the
OG industry
Drilling services Oilfield services
OCTG threading, Inspection repair services
Offshore drilling
Hydraulic workover

• Provide OCTG threading, inspection and
• repair services

• Provide workover, repair and maintenance services
  for oil ad gas wells

• Provide drilling services for both exploration
  and development activities
• Semi-submersible drilling rig

• Facilities in Malaysia, Thailand, China and
  Turkmenistan

• Also provides agency services for specialised
  equipment and services for overseas clients

- Jointly-own and operate one semi- submersible
drilling rig

• 6 plants in 4 countries

• Premium jack-up drilling rigs
• - Currently owns seven premium jack-up drilling
  rigs

• Own and operate four Hydraulic Workover Units(1)

UMW-OGs market share(2)
UMW-OGs market share(3)
UMW-OGs market share(4)
Malaysia
Threading - China lt 1
Threading - Malaysia
Malaysia
SEA
SEA 5
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Portfolio of high quality assets and
premium-focused business
Source (1)
10 February 2014 UMW Petrodril puchased an
advanced hydraulic workover unit (HWU) from
Canadian Energy Equipment Manufacturing (CEEM).
UMWOG expects to take delivery of the HWU by
Q42014 ODS petrodata as at 21 February
2014 Douglas-Westwood annual average contracted
rig count from 2009-2012 Douglas Westwood Based
on threading market share on average over
2009-2012.
(2) (3) (4)
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Our assets Drilling Operations
NAGA 2 Jack-up Rig Water depth 350 ft
NAGA 5 Jack-up Rig Water depth 400 ft
NAGA 6 Jack-up Rig Water depth 375 ft Delivery
Q32014
NAGA 1 Semisubmersible Rig Water depth 1000ft
NAGA 3 Jack-up Rig Water depth 350 ft
NAGA 4 Jack-up Rig Water depth 400 ft
8 Offshore Rigs
NAGA 8 Jack-up Rig Water depth 400 ft Delivery
Sept 2015
NAGA 7 Jack-up Rig Water depth 375 ft Delivery
Q42014
5 Workover rigs
Gait I Workover rig hp 400
Gait II Workover rig hp 600
Gait III Workover rig hp 600
Gait V Workover rig hp 600
Gait VI Workover rig hp 600 Delivery Q4 2014
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Our presence
Turkmenistan
China
Semi-submersible rig
NAGA 1 Offshore Sarawak
Oilfield services operations UOS Labuan,
Malaysia
Jack-up rigs
UOT Songkhla and Sattahip, Thailand UOS-TJ
Tianjin, PRC UOS-TK Turkmenbashi, Turkmenistan
Thailand
NAGA 2 Offshore Vietnam
Vietnam
NAGA 3 Offshore Labuan
NAGA 4 Offshore Sarawak
Malaysia
Hydraulic workover units GAIT I KSB, Malaysia
GAIT II KSB, Malaysia GAIT III Labuan,
Malaysia GAIT V Bongkot Field, Songkhla,
Thailand
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International experience and platforms facilitate
further growth overseas
International presence
?Accumulate knowledge of local regulations and
relationships ?Track record enables UMW-OG to be
competitive in bids for contracts from
international oil and gas companies ?Familiarity
with operations and HSE(1) requirements of
international oil gas companies
China Oilfield services
Thailand Oilfield services Workover units
Indonesia Offshore drilling Workover units
Vietnam Offshore drilling Workover units
Turkmenistan Oilfield services
Experience with international oil and gas
companies
PETRONAS Carigali
In a favourable position to undertake projects
for international customers as well as Malaysian
customers operating internationally
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(1) HSE Health, Safety and Environment
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Build Capabilities
Rig Simulator
Drilling academy was established in collaboration
with INSTEP
Objectives

• Building Capabilities Competencies
• Addressing shortage of skilled personnel

Land Rig
The Academy will be fully operational by the
first quarter of 2014
Building Capabilities and Competencies
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Secure Market Share

• GAIT 2
• PetroVietnam
• Country Vietnam
• Date March 2015

• Gait 3
• PetroVietnam
• Country Vietnam
• Date April 2014

• Gait 6
• NIDO
• Country Philippines
• Date June 2014

• GAIT V
• PTTEP
• Country Thailand
• Date July 2013

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Health, Safety and Environment
UMW-OG has demonstrated a strong operational
track record and a focus on Health, Safety and
Environmental compliance
Policies Certifications

• Quality
• Health, Safety Environment
• Drugs Alcohol
• Stop Work
• Smoking

Commitment to Safety Practices
Total Recordable Case Frequency (TRCF)(1) 0.8
0.24
0.21
2012 2013 Committed to the health and safety of
personnel, protection of the environment and
compliance with applicable laws and regulations
Jan-2014
(1)
For a period, the total recordable case frequency
is equal to the number of recordable cases
multiplied by 1,000,000 and divided by actual man
hours worked. Recordable cases consist of
fatalities, permanent total or partial
disabilities and lost workday cases (excluding
restricted workday cases).
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3. Strategic Roadmap
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4. Financial overview
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Capital expenditure (as at 18.2.2014)
Plant machinery RM 10.9 Million 0.6
Others RM 8.5 Million 0.4
Rigs HWUs RM 1.9 Billion 99.0
Developing and further expanding our asset base
2014 TOTAL CAPEX RM 1.9 Billion
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QA
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Thank You
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