Labuan Shipyard and Engineering Sdn Bhd (LSE), which is making billion-ringgit bids for Petroliam Nasional Bhd's (Petronas) projects, expected the results in the second half of this year or at least early next year.
Its chief executive officer, Mohd Azman Nasir, said LSE's facilities and the over 500 employees, be it in the engineering or technical fields, should help the company realise its objective.
He said Petronas officials had carried out an assessment of the yard's facilities and hopefully more projects, particularly fabrication, would be channelled to LSE.
"This is a great challenge for us to meet the high standard and expectation of Petronas," he said at the completion of the fabrication of of two single-point mooring (SPM) buoys for the Sabah Oil and Gas Terminal at Kimanis, Sabah.
The RM150 million project was awarded to LSE by marine offshore service provider, Alam Maritime (M) Sdn Bhd.
