Schlumberger picks KL as hub in Asia Pacific

I take it we are entering that business phase of ‘grow big or go home’? No more juara kampung any more, only liga perdana will exist?

Dateline 2012-09-20:

Schlumberger Ltd, the world’s largest oilfield services company, opted for Malaysia to be its hub for the Asia Pacific region due to the country’s positive business outlook, said its Asia Pacific chairman Jamal A. Ainul.

Jamal said the positive business outlook stems from strong relationship between Petroliam Nasional Bhd (Petronas) and its production sharing contract (PSC) partners.

“More importantly, it (Petronas) has the backing of the country and this allows multinational as well as local oil and gas service companies to start taking Malaysia seriously,” he said at a talk held in conjunction with the inaugural Malaysian Oil and Gas Services Exhibition and Conference, here, yesterday.

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