Regional Malaysian oil and gas provider SapuraCrest Petroleum Bhd has inked a deal with Petrovietnam Technical Services Corporation (PTSC) to share staff expertise and help cement its five-year old relationship with Vietnam.

The deal will involve scholarships for selected PTSC personnel at Malaysia’s Asia Pacific University College in Technology Park, Bukit Jalil, and enable both companies to develop core oil and gas businesses such as ocean construction and seismic surveying. Increased knowledge-sharing and cooperation will also enable SapuraCrest to meet Vietnamese market requirements for foreign-owned companies.

SapuraCrest also has a presence in most other Southeast Asian countries, as well as India, Russia, Japan, Australia and Africa.

source & article: Business Times