A Legacy Built on Offshore Expertise
Founded in 1980 and listed on Bursa Malaysia in 2008, Dayang Enterprise specializes in topside maintenance, hook-up commissioning, and offshore installation for oil and gas platforms. Its reputation for reliability has made it the preferred partner for major energy companies across Southeast Asia.
In an exclusive interview with Offshore Energy Today, Datuk Hasmi Hasnan, Executive Chairman of Dayang Enterprise, shared his vision: "Our success stems from combining technical expertise with an unwavering commitment to safety. We don't just meet industry standards - we redefine them."
Core Services Driving Energy Infrastructure
1. Topside Maintenance: Ensuring Operational Continuity
Dayang's topside maintenance services keep offshore platforms running efficiently, minimizing downtime for operators. The company's predictive maintenance approach using IoT sensors has reduced equipment failures by 30%.
"Prevention is better than cure in offshore operations," explains Ir. Mohd Zulkifli Abdullah, Head of Technical Services. "Our data-driven methods prevent costly shutdowns."
2. Hook-Up and Commissioning: Seamless Platform Integration
The company has completed over 50 major hook-up projects, including recent work on PETRONAS' Kasawari Gas Field. Its modular construction techniques cut installation time by 40% compared to conventional methods.
3. Offshore Support Vessels: A Fleet Built for Challenges
Through its subsidiary Perdana Petroleum, Dayang operates one of Malaysia's most modern OSV fleets, featuring:
- Dynamic Positioning System vessels
- Accommodation workboats
- Anchor Handling Tug Supply (AHTS) units
"Our vessels are floating workshops equipped for complex missions," says Captain Ahmad Fauzi, Marine Operations Director.
Weathering Industry Challenges
The 2020 oil price crash tested the sector's resilience. Dayang responded by:
✔ Diversifying into renewable energy projects
✔ Implementing cost optimization programs saving RM50 million annually
✔ Securing long-term maintenance contracts for revenue stability
"Adaptability is in our DNA," states Ms. Lily Wong, CFO. "We've maintained profitability through every market cycle by balancing flexibility with financial discipline."
Innovations Shaping Marine Engineering's Future
Dayang is pioneering several technological advancements:
- Robotic inspection drones for safer platform surveys
- AI-powered corrosion monitoring systems
- Hybrid-powered vessels reducing carbon emissions by 25%
The company recently partnered with Universiti Teknologi Malaysia to develop next-generation offshore maintenance solutions.
Safety: The Non-Negotiable Priority
With a TRIR (Total Recordable Injury Rate) 60% below industry average, Dayang's safety record sets it apart. Its "Zero Harm" program includes:
- Virtual reality safety training
- Real-time personnel tracking systems
- Strict compliance with ISO 45001 standards
"Our workers return home safely every day - that's our most important KPI," emphasizes En. Rizalman Ibrahim, HSE Director.
Awards and Industry Recognition
Dayang's excellence has been recognized with:
- PETRONAS Contractor Excellence Award (5 consecutive years)
- MSOSH Safety Award
- Frost & Sullivan Malaysian Offshore Services Company of the Year
Expanding Horizons: Renewable Energy and Beyond
Looking ahead, Dayang is:
➤ Developing expertise in offshore wind farm maintenance
➤ Exploring carbon capture storage projects
➤ Expanding into Southeast Asian and Middle Eastern markets
"The energy transition creates new opportunities," notes Datuk Hasmi. "We're positioning Dayang as the go-to partner for both traditional and renewable offshore projects."
Conclusion
Dayang Enterprise exemplifies how technical mastery, innovative thinking, and operational discipline can create an enduring market leader. As Malaysia's energy landscape evolves, Dayang continues to chart the course for offshore engineering excellence.
Subscribe to us: