Keyfield Signs MoU With Indonesian Party To Explore Marine Services Collaboration

KUALA LUMPUR, May 14 (Bernama) -- Keyfield International Bhd's wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has entered into a memorandum of understanding (MoU) with PT Elnusa Trans Samudera (ETSA) to explore and pursue marine services opportunities, primarily in the oil and gas sector and related industries across Indonesia.

In a statement today, Keyfield stated that under the MoU, ETSA would be primarily responsible for sourcing and securing tenders while Keyfield would support ETSA by sourcing selected marine assets, particularly cable-laying and subsea vessels, as well as experienced crew members to operate the required assets. 

"By combining Keyfield’s technical expertise and fleet capabilities with ETSA’s local market knowledge and presence, we are well-positioned to deliver comprehensive marine support solutions in one of Southeast Asia’s most dynamic energy markets," said Keyfield's group chief executive officer and executive director, Datuk Darren Kee.

Upon securing a project, both parties would enter into a separate agreement to formalise the terms and conditions of the secured project.

ETSA is a subsidiary of PT Elnusa Tbk, an Indonesian company primarily engaged in the provision of marine transportation support services for the oil and gas industry in Indonesia.

It is also a member of the Elnusa Group, a renowned entity within Indonesia’s oil and gas industry.

-- BERNAMA