Uzma Berhad | Established Service Provider
Uzma Berhad | Established Service Provider
Encouraging Market Outlook
Established Service Provider
Revenue (RM Million) 2007
Profit after tax (RM Million) 2007
‣First Malaysian company to be listed that provided comprehensive GRE and DS
‣World first CEOR project in the harsh environment
‣Strong growth compared to peers
‣PETRONAS license holder
‣12 umbrella contracts with PETRONAS & subsidiaries
“Amid the low price environment, coupled with the consolidation of the industry during the mid-80s to mid-90s, the industry has lost more than 250,000 people globally. These are geoscientists, reservoir engineers, petroleum engineers, and so on...... That created a huge gap and when demand, prices and the activity level went up, the industry did not have adequate people.”
Tan Sri Mohd Hassan Merican, President & CEO PETRONAS
Source: The Star June 29, 2007
“The most critical issues facing our industry today are the scarcity of talent and the less-than-optimal engagement of the current workforce.”
Abdul-Jaleel Al-Khalifa SPE President 2007
Source: JPT Online September 2007
Profit before tax (RM Million) 2007
International Presence
"Technology and reservoir management has been essential to the progress of BP over the past five years, enabling us to add around 8 billion barrels of oil equivalent to our resource base through exploration,"
Peter Roberts, BP Abu Dhabi
Source: Arabian Business, March 14, 2007
"With a five-year average replacement ratio of 114 percent, Exxon Mobil has continued to replace annual production with new quality opportunities,"
Rex Tillerson,
ExxonMobil chairman and chief executive
“Our depletion rate is quite fast and our reservoirs are old. That's why the focus now is on enhanced oil recovery (EOR)”
Tan Sri Mohd Hassan Merican,
President & CEO PETRONAS
Source: The Star June 29, 2007
"We have not discovered any new field in the last 20-22 years, this is a big challenge, unless we find a new field it is very difficult to increase the production from old fields because the natural decline itself is 7 to 8 percent, ONGC was trying to adopt new technology such as reservoir management and has appointed consultants to help arrest the decline in its onshore fields."
Ajit Kumar Hazarika, Director of ONGC Onshore Asset
Source: Reuter UK, July 3, 2007
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(Top 5 Service Provider in Malaysia)
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(Top 5 Service Provider in Malaysia)
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(Top 5 Service Provider in Malaysia)
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