Vietnamese, Malaysian oil and gas service companies enter joint venture
Vietnamese offshore support vessel service provider Hai Duong Petroleum and Marine Corporation (Haduco) and Malaysia’s oil and gas marine service provider RMS Synergy Sdn Bhd (RMS) on May 11 signed a cooperation deal in Kuala Lumpur to form a joint venture between the two companies.
Haduco CEO Tran Quang Hung (right) and RMS Synergy CEO Mohamad Asraf Abdul Ghafur at the signing ceremony. (Photo:VNA)
Kuala Lumpur (VNA)𓄧 – Vietnamese offshore support vesselservice provider Hai Duong Petroleum and Marine Corporation (Haduco) andMalaysia’s oil and gas marine service provider RMS Synergy Sdn Bhd (RMS) on May11 signed a cooperation deal in Kuala Lumpur to form a joint venture between thetwo companies.
The Haduco-RMS joint venture aims to support, provide services andgradually develop a large fleet of vessels, fully meeting the requirements of oil and gascontractors in Malaysia.
Under the cooperation agreement, Haduco will provide shipservices for oil and gas exploration and production, such as technical management,maintenance, and safety. In return, RMS will provide crew, logistics, andcommercial services to the Haduco-RMS joint venture.
🍸 This is the first time a Vietnamese oil and gas company hassigned a cooperation agreement with a Malaysian partner, which affirms theprestige and quality of Vietnam's maritime services.
Speaking at the event, Haduco CEO Tran Quang Hung said that RMShas been a strategic partner of Haduco for many years. The cooperation is an important step for Haduco to do long-term business in Malaysia, thus strengthening cooperative ties between the two countries. RMS Synergy CEO Mohamad Asraf Abdul Ghafur said the combination of both expertise and resources enables the joint venture to provide customers with thehighest level of services and support for their offshore operations. “This joint venture represents a step forward for bothcompanies, and we look forward to working together to achieve our shared goalsof expanding our operations and presence in Malaysia,” Asraf said.
Haduco staff at the signing ceremony. (Photo:VNA)
Established in 2000, Haduco owns a fleet of 42 vessels operatingon a global scale including in Malaysia, Myanmar, Thailand, Russia, India, andJapan. The company has been aggressively expanding its fleet whichhas doubled since 2018 despite the global slowdown due to low crude oil pricesand the COVID-19 pandemic./.
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Haduco CEO Tran Quang Hung (right) and RMS Synergy CEO Mohamad Asraf Abdul Ghafur at the signing ceremony. (Photo:VNA) 
Haduco staff at the signing ceremony. (Photo:VNA) 
