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Business Description
Perisai Petroleum Teknologi Berhad is a Malaysia-based company engaged in providing investment holding and provision of management, administrative and financial support services to the subsidiaries. The Company’s businesss segments include Marine vessels segment, which is engaged in the provision of vessels, barges and equipment on vessels charter services and Mobile Offshore Production Units segments, which is engaged in the provision of offshore assets which are primarily for oil and gas offshore production. Other non-reportable segment comprises investment holding and management services. Effective August 18, 2013, Perisai Petroleum Teknologi Bhd acquired a 51% interest in Emas Victoria (L) Bhd, a provider of ship and boat leasing services from ECO Ltd. In March 2014, Perisai Petroleum Teknologi Bhd incorporated a new associate company, known as Larizz Energy Services Sdn Bhd.