Integrated oil and gas brown field services provider Petra Energy Bhd plans to undertake minor fabrication works at the premise of Labuan Shipyard and Engineering Sdn Bhd.

Both parties will sign a memorandum of understanding (MOU) for the lease of the premise tomorrow in conjunction with the 13th Asian Oil, Gas and Petrochemical Engineering Exhibition (OGA 2011) held at Kuala Lumpur Convention Centre.

Petra Energy Executive Director and Chief Executive Officer Kamarul Baharin Albakri said the site was selected due to its strategic location and close proximity to the national oil and gas hubs and oil production facilities.

'Our new (minor fabrications) facility would be fully equipped with support capabilities and experienced workforce to enable us to undertake quick-turnaround of services for oil and gas majors,' he said in a statement today.

Deputy Prime Minister Tan Sri Muhyiddin Yassin is scheduled officiate the opening ceremony of OGA 2011 and witness the signing of the MOU.

The three-day OGA 2011 is the region's No.1 oil and gas show and is expected to attract over 22,000 oil and gas professionals and trade visitors. -- Bernama