KUALA LUMPUR: Integrated Facilities Management service provider GFM Services Bhd’s (GSB) wholly-owned subsidiary, Highbase Strategic Sdn Bhd (HSSB) and its joint venture partner, Singapore-Exchange listed Mun Siong Engineering Ltd (MSE), has secured three letters of appointments (LoA) from Petroliam Nasional Bhd (Petronas) operating companies (OPCs).
The contract is to deliver operations and maintenance (O&M) services for three facilities within the Pengerang Integrated Complex (PIC) in Johor.
These new contracts expand HSSB and MSE’s existing integrated turnaround main mechanical and maintenance mechanical static (TA4MS) contract to provide plant turnaround services to three facilities operated by the Petronas operating companies, namely, PRPC Utilities and Facilities Sdn Bhd, Pengerang Power Sdn Bhd and PRPC Water Sdn Bhd, respectively.
The LoAs are for three years, from March 15, 2024, to March 14, 2027, with an option to extend for an additional two years.
GSB managing director Ruslan Nordin said these LoAs underscore the company’s proven ability to deliver value and ensure the seamless operations of critical assets within the PIC.
“These contract wins are a testament to HSSB’s growing reputation as a reliable partner. We are committed to optimising facility performance and maximising long-term operational efficiencies.
“This strategic expansion of collaborative effort reinforces our partnership with Petronas and boosts the TA4MS outstanding contract value to GSB.
“This is expected to contribute positively to GFM’s overall profitability and will further solidify our market position in the O&G sector, positioning GSB for sustained growth,” he said in a statement.
In addition to maintaining the OPC’s facilities, HSSB and MSE are currently maintaining the facilities of Pengerang Refining Company Sdn Bhd, Pengerang Petrochemical Company Sdn Bhd and Petronas Chemical Isononanol Sdn Bhd.
This brings both companies’ maintenance portfolio to a total of six facilities within the PIC, Johor.
