Kuala Lumpur, May 23 – BIV Builders Sdn Bhd, announced yesterday it has signed a Joint Venture agreement with KBR, for a standalone self-sufficient long term joint venture company called KBIV based in Kuala Lumpur, Malaysia.
The joint venture was formed to provide world-class Project Management, Engineering, EPCC (Turnkey) and Maintenance across the value chain of upstream production facilities to downstream processing including refineries, petrochemical and Gas/LNG plants in Asia and parts of the Middle East.
Fully leveraging on the core strengths of both companies, KBIV combines KBR’s global experience and differentiated professional services with BIV’s cost competitive and experienced resources.
“KBIV’s ability to deliver cost and scheduled focused solutions for oil and gas projects while maintaining the highest performance in safety and quality, gives it the competitive advantage in the region,” said Syed Feizal Syed Mohammad, CEO of BIV.
“Our customers expect us to work locally and draw on our global resources and systems to deliver innovative and technologically superior solutions; the establishment of KBIV is our delivery vehicle to achieve this “think local, work global” mindset and we are excited to be re-establishing operations in Malaysia,” said Greg Conlon, President of KBR – APAC.
BIV is a dynamic organisation with its operation center based out of Kuala Lumpur, Malaysia. Every day around the world, BIV is developing new markets, investing in energy, infrastructure and building alliances with major partners.
The primary business operations of BIV are:
• Engineering & Construction
• Oil & Gas
• Trading of Energy and Agriculture commodities including Terminals and Storage Operations