{
    "success": true,
    "data": {
        "id": 16025,
        "msgid": "handal-expanding-to-indonesia-1274686876",
        "date": "2010-05-24 14:41:16",
        "title": "Handal Expanding To Indonesia",
        "author": "Ahmad Fuad Yahya",
        "source": "BERNAMA",
        "tags": "business",
        "topic": null,
        "summary": "JAKARTA, May 24 (Bernama) -- With a track record of having delivered offshore pedestal cranes with zero defect and zero warranty call-outs, Handal Offshore Services Sdn Bhd (Handal), is now expanding its business to Indonesia. The company is a wholly-owned subsidiary of Handal Resources Bhd, which recorded a post-tax profit of RM14.8 million in FY2009, an increase of 60 percent from the RM9.2 million recorded previously.",
        "content": "<p>JAKARTA, May 24 (Bernama) -- With a track record of having delivered offshore pedestal cranes with zero defect and zero warranty call-outs, Handal Offshore Services Sdn Bhd (Handal), is now expanding its business to Indonesia.<\/p>\n<p>The company is a wholly-owned subsidiary of Handal Resources Bhd, which recorded a post-tax profit of RM14.8 million in FY2009, an increase of 60 percent from the RM9.2 million recorded previously.<\/p>\n<p>Handal Executive Chairman Datuk Mohsin Abdul Halim said the company is being introduced in Indonesia and has also identified a local partner.<\/p>\n<p>He also said that the company, through its representative in Indonesia, has been shortlisted for offshore crane maintenance work by the Indonesian national oil company, Pertamina.<\/p>\n<p>\"We participated in the 34th Annual Indonesian Petroleum Association (IPA) convention and exhibition here from May 18-20, to enable people to get to know our products and the services.\" he told Bernama in an interview.<\/p>\n<p>The participation was also aimed at gaining an insight into and information on potential opportunities in the Indonesian oil and gas industry.<\/p>\n<p>Handal is an offshore crane manufacturing and servicing company that specialises in offshore pedestal mounted cranes.<\/p>\n<p>Mohsin said Handal believes it is needed in Indonesia as its services are not being offered by any other company in the country, as is the case in Malaysia.<\/p>\n<p>Its comprehensive range of services include structural fabrication, operation, inspection, maintenance and repair programmes for all makes of cranes, apart from providing in-situ upgrades, statistical analysis and structural modification.<\/p>\n<p>Mohsin said the main activity of the company is servicing, maintaining and overhauling of offshore pedestal cranes for Exxon Mobil and Pertronas Carigali.<\/p>\n<p>\"We have term contract for these activities today with three oil ventures, Exxon Mobil, Petronas Carigali and Talisman, a Canadian oil production company.<\/p>\n<p>\"Petronas has also licensed us under the Petroleum Act to fabricate new cranes according to the American Petroleum Institute (API) 2C,\" he explained.<\/p>\n<p>The standard stipulated by the API is higher than ISO.<\/p>\n<p>From this activity, the company has to date, refurbished 61 offshore pedestal cranes for Petronas Carigali and Exxon Mobil. Since being licensed as a new crane fabricator, it has also delivered 16 new cranes to Sarawak Shell, Exxon Mobil and Sime Engineering.<\/p>\n<p>Apart from Indonesia, Handal has also indentified a local partner in Brunei.<\/p>\n<p>The company is keen to expand its business into countries in the Southeast Asian region.<\/p>\n<p>-- BERNAMA<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/handal-expanding-to-indonesia-1274686876",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}