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10 Fastest Growing Oil & Gas Companies 2017

Developing technologies to address tomorrow’s needs: Wah Seong

thesiliconreview-chan-cheu-leong-managing-director-wah-seong-17Once a medium-sized Malaysian enterprise, Wah Seong Corporation Berhad incorporated on 9 October, 1999, has evolved into an international Oil & Gas and Industrial Services group. Listed on the Main Market of Bursa Malaysia Securities Berhad, it has established footprints in more than 14 countries worldwide.

As a globally integrated energy infrastructure group, Wah Seong has positioned its Oil and Gas Division and Industrial Services Division to be its main strategic business pillars. Wah Seong’s Oil & Gas Division provides world-class specialized pipe coating, corrosion protection services, EPC, fabrication and rental of gas compressors and process equipment, as well as various E&P products and services for the international oil and gas sector. Meanwhile, the Industrial Services Division is involved in renewable energy, agriculture development and infrastructure materials. Through this Division, Wah Seong has grown to be one of the leading service providers of process equipment in Asia serving the plantations, oleo-chemical, petrochemical and power generation industries. It is also one of the top distributors of infrastructure and building materials in Malaysia.

Servicing the global oil and gas industry

Wasco Energy, headquartered in Malaysia, services the global oil and gas industry, providing reliable and competitive products, services and solutions to its clients around the world. It has a growing market presence globally and operates from seventeen locations worldwide. The WASCO brand is synonymous with first class health and safety practices and a brand which delivers exceptional quality whilst providing the best solutions to the demanding and stringent needs of the industry.

Pipeline Services

With facilities spanning Asia, West Africa, the Middle East, Europe and the United States, Wasco’s Pipeline Services Division is uniquely placed to deliver pipe coating, pipe manufacturing and offshore corrosion control solutions that meet the rigorous demands of utilities and energy players.

It has established a name for itself as a leader in pipe coating solutions for the oil, gas and water industries and today operates some of the world’s most advanced coating facilities. As a manufacturer of pipes, it has been instrumental in pioneering the development of large diameter spiral pipes in Malaysia. On the offshore corrosion control front, it designs and manufactures innovative sacrificial anodes and cathodic protection systems for offshore and marine assets.

Engineering and Fabrication Services

From strategically located operations in Batam and Dubai, the Engineering Division designs, builds and operates facilities for key players within the oil and gas and utilities industries. Each of these locations contributes to and complements the overall engineering services offering, thereby enabling the company to provide fully integrated solutions to its petrochemical, oil and gas, and power generation clientele. Its services encompass engineering design, procurement, packaging, general fabrication, installation, commissioning as well as operation and maintenance (O&M) services.

Through its total service offering, it has successfully positioned itself as a market leader in the design, engineering and fabrication of gas compressor packages, gas process equipment, e-houses and substations for offshore and onshore; as well as gas compression, gas processing, water treatment and power gen modules for floating production, storage and offloading (FPSO) units.

Energy Services

Wasco’s Energy Services Division provides solutions for corrosion protection of all critical assets. For new construction, Wasco Energy Services manufactures sacrificial anodes and provides thermal spray coating for structures or pipelines. It also has cost efficient solutions to extend the life of all assets with CathodicProtection Retrofits, pipe and pile protection wrap and flange integrity clamps. Its products include Sacrificial Anodes, Thermal Sprays and much more.

Field Services

Wasco provides significant resources to Field Services projects throughout Australia. With expertise in Field Installation and Asset Support Services (Rotating Equipment and Process Plant), Wasco has delivered exceptional results for major clients including Arrow Energy, Santos, Origin Energy, Xstrata, ERM Power, Jemena and QGC. Key services offered include Well Site facility supply and installation, Gathering System construction, Compression Package supply, installation and Balance of Plant construction and Cross Country Pipeline construction. Wasco also offers after delivery field and offsite service, maintenance and parts for rotating equipment.

Alongside this, Wah Seong manages both its local and global operations with interests for health, safety and environment. Fulfilling its corporate responsibility by according the highest priorities to these principles are prerequisites for the success of its business while also demonstrating commitment to sustainable development and the communities which it serves.

Meet the visionary

Chan Cheu Leong is the Managing Director and Group Chief Executive Officer of WSC. He was appointed to the Board of WSC on 22 May 2002. Mr Chan attained a Bachelor of Science (Hon) Degree in Engineering Production in 1974 from the University of Birmingham under a Colombo Plan Award and began his career by joining the Singapore Administrative Service. He left the Ministry of Finance, Singapore in 1976 to pursue his Master in Business Administration from the London Business School.

He has extensive experience in property, manufacturing and financial fields. Mr Chan is a Trustee of Yayasan Wah Seong, a council member of the Federation of Malaysian Manufacturers and a member of Sustainable Energy Development Authority (SEDA ) Malaysia. He also sits on the Board of several other private limited companies.

"Seeing no limits to the future, Wah Seong aims to grow through innovation and productivity to be a world class and profitable, integrated energy infrastructure group."

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