Our Group is organised into two business segments comprising the following:

  1. Offshore Support Vessels segment ("OSV")
    Vessel owning/leasing activities together with the provision of vessel chartering and ship management services to oil and gas related industries
  2. Drilling rig operation segment ("Drilling")
    Jack-up drilling rig owning/leasing activities and provision of jack-up drilling rig for chartering and management services
Financial Year Ended 31 December 2024 2023 2022 2021 2020
  12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
Presented in RM'000        
OSV 235,781 199,788 193,369 218,169 212,072
  100.00% 100.00% 68.21% 72.58% 100%
Drilling 0 0 90,114 82,428 -
  0.00% 0.00% 31.79% 27.42% -
Total Revenue 235,781 199,788 283,483 300,597 212,072