Company Introduction
SPECA proposes a consortium to be formed among Sarawakian Oil & Gas (O&G) Contractors.
SPECA Consortium Sdn Bhd was established by local Sarawak oil and gas contractors to actively participate, enhance competitive edges, explore opportunities for current as well as new players while developing further Sarawak’s contractors' capabilities.
SPECA Consortium leverages on its members partnerships, experience and know-how collectively to enable integration and participation into upstream, midstream and downstream sectors.
Current Sarawak contractor's participation in oil and gas sectors still has room for improvement in terms of total number of registered vendors, value awarded and capabilities development
More or less 87% of the contracts awarded to Sarawakian contractors are below RM10 million, Sarawak contractors are not competitive outside the assigned 76 SWEC Code, 551 Sarawak Vendors/ contractors registered out of 5,000+ PETRONAS vendors
Therefore, a fast action, practical approach and a sustainable platform to fast-track Sarawak contractors’ is required to address all the above → SPECA Consortium