Cape to target Malaysian market with new joint venture

Cape plc, a provider of industrial services to the energy and natural resources sectors, has formed a Joint Venture company with Olio Resources Sdn Bhd in order to serve the Malaysian market.

Cape says the new joint venture will bring together the capacity, experience and skills of both organisations.

Established in 1995 by a group of Malaysian entrepreneurs with a combined experience of over 100 years in the oil and gas industry, Olio provides a range of products and services to the oil, gas and energy industries, Cape explained.

Joe Oatley, Chief Executive of Cape commented: “We are pleased to enter into this joint venture with OLIO to establish a company dedicated to the Oil and Gas services market inside Malaysia and look forward to a long standing successful bond between both companies.”

Dato’ Ramli Md Nor, Group Executive Chairman of OLIO commented: “We are very excited about this partnership between OLIO and Cape which we believe will form an important part of our vision to become a leading solutions provider to the Oil, Gas and Energy market in the region.”

Share this article

Follow Offshore Energy Today

Posted on January 6, 2016 with tags , .

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply