Oceancare
Oceancare Corporation Sdn Bhd is a Sarawak-based, privately held oil and gas services contractor delivering integrated engineering, construction, maintenance, well services, pipeline, underwater, and transportation-and-installation services to petroleum arrangement contractors and operating PETRONAS units across Malaysia.
- Company typePrivate
- Founded2001
- HeadquartersKuching, Malaysia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Oceancare does
Oceancare Corporation Sdn Bhd is a Sarawak-based, privately held oil and gas services contractor founded in October 2001, headquartered in Miri, Malaysia. The company began as a procurement firm with fewer than ten employees supplying stationery and PPE, and has since evolved into a comprehensive integrated services provider operating across seven Malaysian locations (Miri HQ, Kota Kinabalu, Labuan, Paka, Kuala Lumpur, Bintulu) plus an IRATA-certified rope access training academy.
The company delivers engineering, construction and projects; maintenance and inspection (including corrosion monitoring, NDT, electrical and instrumentation); manpower supply; well services (intervention, workover, abandonment, slickline, drilling/completion fluids); pipeline maintenance; underwater services (surface and saturation diving, ROV); transportation and installation; geotechnical and civil works; process piping equipment; aerial surveillance; and consultancy services. Service delivery relies on a workforce of 750 specialized Malaysians and expatriates for the strategic Allseas collaboration, with certified credentials including ISO 9001:2015, ISO 45001:2018, ISO 27001, and IRATA membership (3034/OT), supported by a zero-LTI safety record spanning millions of man-hours.
Oceancare generates revenue through project-based B2B contracts with petroleum arrangement contractors and operating PETRONAS units in Malaysia, targeting 26 major clients including PETRONAS Carigali, Shell, JX Nippon, Murphy, Repsol, Petrofac, HESS, ExxonMobil, ConocoPhillips, Sapura Energy, Hibiscus Petroleum, MMHE, and Technip FMC. GTM is direct enterprise field sales with no intermediaries or resellers. Pricing is contract-based and not publicly disclosed. Strategic collaborations include the 2022 offshore transportation and installation alliance with Swiss-based Allseas Group SA (covering offshore pipeline installation, heavy lifting, and deep-ocean polymetallic nodule collection) and the 2015 Exclusive Support Cooperation Agreement with China Oilfield Services Limited (COSL) for cementing equipment and drilling/completion fluid services.
Oceancare firmographics
Firmographics- Name
- Oceancare
- Legal name
- Oceancare Corporation Sdn Bhd
- Website
- https://oceancare.com.my
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Oceancare Corporation Sdn Bhd is a Sarawak-based, privately held oil and gas services contractor delivering integrated engineering, construction, maintenance, well services, pipeline, underwater, and transportation-and-installation services to petroleum arrangement contractors and operating PETRONAS units across Malaysia.
- Ownership category
- akta.pro rank
Oceancare industry classification
Industry- Product category
- Oil and Gas Services
- NAICS
- Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
- akta.pro secondary industry
- Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)
Keywords
Where Oceancare is headquartered
LocationHeadquarters
- HQ city
- Kuching
- HQ country
- Malaysia
- HQ region
- Asia
Offices7 records
Markets served
Oceancare business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Engineering, Construction & Projects: Project-based revenue from hook-up and commissioning, decommissioning, fabrication, and offshore transportation and installation services
- Manpower Supply Services: Provision of technical, office support, and operation support services to oil and gas clients
- Maintenance and Inspection Services: Ongoing maintenance, inspection, and corrosion monitoring services for offshore and onshore facilities
- Well Services: Well integrity, intervention, workover, abandonment and drilling fluid services
- Training Services: IRATA rope access training services including new entry, upgrades, and revalidation at all levels
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Oceancare product offering
Product offeringCore offering
Oceancare Corporation Sdn Bhd is an integrated oil and gas services contractor providing procurement, engineering, construction, maintenance, inspection, well services, underwater services, pipeline maintenance, and transportation & installation services to petroleum arrangement contractors and operating PETRONAS units in Malaysia. It also operates an IRATA-certified rope access training centre and delivers specialized offshore capabilities including pipeline installation, heavy lifting, and deep-ocean polymetallic nodule collection through partnerships with international firms.
Product overview
Oceancare Corporation Sdn Bhd is an oil and gas services provider offering a comprehensive portfolio of integrated services rather than a single unified product. The company's service ecosystem includes core offerings such as Corrosion Monitoring and Inspection Services, Electrical & Instrumentation Services, Well Services, Transportation & Installation Services, Offshore Maintenance/Construction/Modification, Engineering Construction & Projects (EC&P), Underwater Services, Pipeline Maintenance Services, Drilling/Rig Services, Aerial Surveillance, and Consultancy Services. These services are supported by Manpower Supply with approved Sarawak work permits and an IRATA-certified Rope Access Training Centre. The company serves Petroleum Arrangement Contractors (PACs) including PETRONAS Carigali, Sarawak and Sabah Shell, JX Nippon, and operates from multiple locations across Malaysia (Miri HQ, Kota Kinabalu, Labuan, Paka, Kuala Lumpur, and Bintulu) to deliver integrated solutions to the oil and gas industry.
Differentiator
Problem solved
Functional benefit
Products and services
- Corrosion Monitoring and NDT Inspection Services Comprehensive corrosion monitoring and non-destructive testing (NDT) inspection services including basic and advanced NDT, project inspection services, risk-based inspection, and welding isolation chamber services for offshore and onshore oil and gas facilities.
- Electrical & Instrumentation Services Electrical and instrumentation maintenance services including switchgear and transformer maintenance, protection relay testing, HV & LV switchgear, electrical cabling and wiring, HVAC services, multiphase flow meters, and flow instruments.
- Manpower Supply Services Provision of technical, office support, and operation support services with approved Sarawak work permits, including general manpower, skilled manpower, and specialist manpower supply for oil and gas clients.
- Well Services Integrated well services including intervention, workover and abandonment services, well integrity restoration and repair, slickline maintenance, drilling/completion fluids and cementing equipment, and subsea/surface wellhead maintenance.
- Transportation & Installation Services Transportation and installation services for offshore projects including Rosmari & Marjoram services and F6VLAP heavy lift operations, featuring offshore pipeline installation and deep-ocean polymetallic nodule collection capabilities delivered in collaboration with Allseas Group SA.
- IRATA Rope Access Training Centre Industrial rope access training services offering New Entry Level 1, Level 2 and Level 3 upgrades, and Refresher/Revalidation courses for all levels, operated from the Miri Project Office.
- Offshore Maintenance, Construction & Modification Offshore topside piping and structural work, living quarters maintenance, repairs of offshore facilities, and minor onshore fabrication services.
- Engineering, Construction & Projects (EC&P) Engineering, construction and project services including hook-up and commissioning of offshore facilities, decommissioning, onshore facilities major fabrication, MOPU services, and offshore transportation and installation.
- Underwater Services Subsea services including surface diving, saturation diving, ROV (Remotely Operated Vehicles) services, and underwater inspection and diving services.
- Pipeline Maintenance and Associated Services Offshore and onshore pipeline inspection and repair, pig trap maintenance, pipeline engineering consultancy, and riser repair and maintenance services.
- Aerial Surveillance Services Aerial surveillance services provided through both manned aircraft and unmanned drone operations for monitoring and inspection purposes in oil and gas facilities.
- Drilling, Completion, Intervention, Workover, Abandonment and Rig Services Comprehensive drilling and rig services including drilling/completion fluid and cementing equipment, integrated well abandonment, slickline equipment, subsea and surface wellhead/Christmas tree maintenance, hydraulic workover unit, and offshore/onshore land oilfield rig services.
- Consultancy Services Professional consultancy services including safety, survival and specialized skills training, occupational health consultancy, and environment consultancy for oil and gas operators.
Quantifiable outcome
- 8.0 Million safe man-hours with Zero Lost Time Injury (achieved August 2017)
- +4 more outcomes
Companies that use Oceancare
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles3 records
Oceancare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Oceancare partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core and minor.
- Allseas Group SAcoreStrategic collaboration with Swiss-based Allseas Group SA for transportation and installation of offshore facility package. Project specializes in four core activities: offshore pipeline installation, heavy lifting, deep-ocean polymetallic nodule collection, and river waste collection. Involves team of 750 specialized workers.
- China Oilfield Services Limited (COSL)coreCooperation Agreement of Exclusive Support for provision of cementing equipment and services and provision of drilling/completion fluid services. Strategic partnership extending networking with China, supported by PETRONAS.
- CNOOCminorLogo displayed on partnerships page indicating some form of business relationship or collaboration
- ShenkaiminorLogo displayed on partnerships page indicating some form of business relationship
- HAIMOminorLogo displayed on partnerships page
- ST (Sengtools)minorLogo displayed on partnerships page
- LINCH PIN Offshore Management ServicesminorLogo displayed on partnerships page indicating offshore management services collaboration
- TurbowolfminorLogo displayed on partnerships page
- PetrolorminorLogo displayed on partnerships page
- BoskalisminorLogo displayed on partnerships page indicating marine services and offshore collaboration
- Executive OffshoreminorLogo displayed on partnerships page indicating offshore services distribution
- Bumi ArmadaminorLogo displayed on partnerships page indicating floating production and offshore services collaboration
- Sealink International BerhadminorLogo displayed on partnerships page indicating marine transportation services
- Superior Energy ServicesminorLogo displayed on partnerships page indicating well services and intervention collaboration
- PAGEOminorLogo displayed on partnerships page
- Dimension BidminorLogo displayed on partnerships page
- Shin Yang Group of CompaniesminorLogo displayed on partnerships page indicating marine and logistics services
- Bintulu Port Holdings BhdminorLogo displayed on partnerships page indicating port and logistics collaboration
- TrienekensminorLogo displayed on partnerships page indicating environmental/waste management services
- Vantage Energy GroupminorLogo displayed on partnerships page indicating energy services collaboration
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Oceancare competitors and assessment
Company assessmentDirect peers
- Vallianz Holdings: Vallianz is a Singapore-based offshore support vessel (OSV) and marine services company with significant Malaysian operations. Comparable for its offshore marine support capability, similar regional customer base, and overlap in T&I, crew supply, and offshore maintenance services.
- Malaysia Marine and Heavy Engineering (MMHE): MMHE is a Malaysia-listed offshore and marine heavy engineering contractor providing fabrication, EPC, and offshore services to the same oil and gas client base. Comparable for its onshore fabrication yard capability, offshore structures work, and project delivery to PETRONAS, Shell, and other PAC clients.
- Sapura Energy: Sapura Energy is a Malaysian integrated oil and gas services company offering drilling, engineering, fabrication, and offshore installation across the same PETRONAS PAC ecosystem that Oceancare serves. It is the most directly comparable Malaysian-headquartered peer with overlapping capabilities in pipeline installation, offshore support, and well services.
- Petra Energy: Petra Energy is a Malaysia-based oil and gas services company providing offshore installation, maintenance, and manpower services. Comparable to Oceancare for its integrated services model and PETRONAS-ecosystem client base within Malaysian offshore.
- Bumi Armada: Bumi Armada is a Malaysian offshore marine services provider specialising in FPSO/FSO operations and offshore support. It is comparable for its Malaysian base, deep relationship with PETRONAS and other PACs, and offshore marine domain expertise that overlaps with Oceancare's T&I and offshore support offerings.
Broad incumbents
- TechnipFMC: TechnipFMC is a global oil and gas EPC and subsea services incumbent with deep Malaysian operations servicing PETRONAS. Comparable for its pipeline installation, subsea/ROV, and offshore engineering capabilities, but operates at much greater scale and across the global oilfield services market.
- MISC Berhad: MISC Berhad is a Malaysian-listed maritime, offshore, and integrated marine solutions company. Comparable for its Malaysian base and offshore marine, FPSO, and vessel support services that overlap with Oceancare's offshore support domain, though it operates at significantly larger scale.
- Saipem: Saipem is an Italian global oil and gas EPC and offshore drilling/services incumbent with offshore pipeline installation and heavy-lift capability. Comparable for the offshore pipeline installation, heavy lifting, and offshore engineering domains where Oceancare partners with Allseas, but at vastly larger global scale.
- Petrofac: Petrofac is a UK-headquartered oil and gas services and EPC provider with substantial Malaysian operations and PAC clients. Comparable for its integrated upstream services portfolio and PETRONAS-ecosystem relationships, though its global scale and asset portfolio go well beyond Oceancare's scope.
- Subsea7: Subsea7 is a global subsea engineering, construction, and services company delivering offshore pipeline installation, heavy lifting, and subsea intervention. Comparable for the offshore pipeline installation, heavy lift, subsea diving/ROV, and T&I capabilities central to Oceancare's Allseas collaboration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Oceancare social profiles
Digital presenceOceancare compliance and trust
Trust signalCompliance4 records
Oceancare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oceancare leadership team
Management profileNumber of profiles
Profiles3 records
Oceancare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oceancare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oceancare
What does Oceancare do?
Oceancare Corporation Sdn Bhd is an integrated oil and gas services contractor providing procurement, engineering, construction, maintenance, inspection, well services, underwater services, pipeline maintenance, and transportation & installation services to petroleum arrangement contractors and operating PETRONAS units in Malaysia. It also operates an IRATA-certified rope access training centre and delivers specialized offshore capabilities including pipeline installation, heavy lifting, and deep-ocean polymetallic nodule collection through partnerships with international firms.
Is Oceancare a public or private company?
Oceancare is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Oceancare founded?
Oceancare was founded in 2001. It employs 501 to 1,000 people.
Where is Oceancare based?
Oceancare is headquartered in Kuching, Malaysia, in the Asia region.
How does Oceancare make money?
Five revenue lines are on record. Engineering, Construction & Projects are the primary driver. The others are manpower Supply Services, maintenance and Inspection Services, well Services and training Services.
Who are Oceancare's main competitors?
Direct peers on record are Vallianz Holdings, Malaysia Marine and Heavy Engineering (MMHE), Sapura Energy, Petra Energy and Bumi Armada. Broad incumbents are TechnipFMC, MISC Berhad, Saipem, Petrofac and Subsea7.
Does Oceancare have an API?
No public API is recorded for Oceancare.
What industry is Oceancare in?
Oceancare's product category is Oil and Gas Services. Its primary akta.pro industry code is EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters), with a secondary code of TLADABAL, Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS). Its NAICS code is 4883 and its SIC code is 1389.