EVEN in an uncertain and challenging economic environment, the Bintulu Integrated Energy Hub (BIEH), a wholly owned by Serba Dinamik Group Bhd, remains agile and resolute in responding to uncertainties in the pursuit of long-term growth strategies towards a sustainable future.
Towards this end, BIEH is taking deliberate steps to manage the uncertain outlook to strengthen its resilience and ensure long-term sustainability, according to Serba Dinamik Holdings Bhd group managing director/CEO Datuk Dr Mohd Abdul Karim Abdullah.
“Although we are facing COVID-19 challenges, our operations remain intact and running with 100% capacity with strict adherence to COVID-19 standard operating procedures (SOPs) as instructed by the authorities,” he told FocusM.
BIEH is a 30-acre development in Tanjung Kidurong, Bintulu (Sarawak) which will house the maintenance, repair and overhaul (MRO) and inspection, repair and maintenance (IRM) centre of excellence.
It is targeted to become a central facility that will provide a multitude of MRO, and multi-disciplinary EPCC (Engineering, Procurement, Construction and Commissioning) services.
The hub is also equipped with cutting edge technology such as high-speed balancing machine, computer numerical control horizontal and vertical milling centre, electrical discharge wire cutting machine, high precision coordinate measuring machine as well as other cutting-edge technologies which will be the first in Asia.
BIEH is able to provide a full range of maintenance and repair services to meet the needs of the oil & gas (O&G) industry as well as power generation for the following companies operating in Bintulu:
- ASEAN Bintulu Fertilizer (PETRONAS)
- Malaysia Liquefied Natural Gas (PETRONAS)
- Shell Middle Distillate Synthesis
- PTTEP (formerly Murphy Oil)
- Bintulu Integrated Facility (PETRONAS)
The centre currently host MRO workshops, blasting, coating and galvanisation areas and plants, fabrication and laydown areas, warehouses and storage facilities. Other facilities include office buildings, car parks, power substation, a wastewater treatment facility and training centres.
“BIEH currently has a workforce of 1,239 working on rotational basis,” Abdul Karim pointed out. “In 1H 2021, BEIH has received more than RM640 mil worth of contracts which can last until 2023.”
The contracts are from various clients namely Shell, PETRONAS, Samalaju Port, ABP (Australia’s leading supplier high quality essential oils and vegetable oils), Nippon Oil and other big names in various fields.
Touching on job prospects, Abdul Karim expects an additional RM1 bil of income stream to be secured from reputable international companies which will support Malaysia’s gross domestic product (GDP) growth for 2022.
Elsewhere, Serba Dinamik has also played an active role in corporate social responsibility (CSR), benefitting the frontliners in Bintulu. On June 30, the company made a donation of five washer machines, three water dispensers, and food supplies to the Bintulu Hospital.
The above donation is primarily intended to provide necessity at five quarantine and low-risk treatment centres (PKRC) in Bintulu as well as to assist COVID-19 patients.
At the close of today’s trading, Serba Dinamik was down 1.5 sen or 3.8% to 38 sen with 89.14 million shares traded, thus valuing the company at RM1.42 bil. – Aug 2, 2021
