-OVE set up office in Miri, Sarawak.
-OVE secured first contract for the provision of manpower and equipment to carry out engineering and fabrication works in Labuan.
Coprorate Milestone
Year 2011
Incorporation of OVE
Year 2012
Incorporation of OVIT
-OVIT was recognised as an approved external specialist for hull gauging services by the American Bureau of Shipping (ABS)
-OVE was registered with the CIDB as a Grade 3 contractor
Year 2013
-OVE and OVIT set up office in Puchong
-OVE’s CIDB license was upgraded to Grade 5
Year 2014
OVE’s CIDB license was upgraded to Grade 7
-OVE obtained PETRONAS license
-OVE set up fabrication yard in Senai, Johor
-OVE set up office in Bintulu, Sarawak
-OVE was appointed as the exclusive agent and partner for Noble for the provision of drilling rigs
Year 2015
OVE was approved by Det Norske Veritas
OVE was approved by Det Norske Veritas for meeting its standards for the manufacture of offshore containers in relation to its fabrication works
Year 2016
OVE was certified ISO 9001:2015 compliant by Bureau Veritas Certification (Malaysia) Sdn Bhd
OVIT was certified to conduct thickness measurement of hull structures by Bureau Veritas Certification (Malaysia) Sdn Bhd
Year 2018
Further extended for 5 years
OVE’s appointment as the exclusive agent and partner for Noble was further extended for 5 years
Year 2019
OVIT was approved to engage with Nippon Kaiji Kyokai & RINA
OVIT was approved to engage in the provision of thickness measurements under the rules for approval of manufacturers and service suppliers of the society on ships by Nippon Kaiji Kyokai & RINA.
Year 2020
IPO Listing
OVH was listed on the ACE Market of Bursa Malaysia on Sarawak Day, 22 July 2020.
-IPO Listing Price : RM0.26
-1st Day Closing Price : RM0.53
-1st Day Market Cap : RM217Mil
OCEAN VANTAGE ELECTRICAL AND INSTRUMENTATION SDN BHD (OVEI)
is a 70% owned subsidiary for OVE and was incorporated on 7 September 2020 for the provision of Electrical & Instrumentation services and products especially in the energy industries.
STELLAR STAR ENGINEERING & CONSTRUCTION SDN BHD (SSEC)
is a 70% owned subsidiary for OVE. Established on 7 September 2020 for the provision of Engineering & Construction Civil and Mechanical services in the Oil & Gas and other industries as well.
SIGNING PARTNERSHIP WITH PHIHONG
OVH has signed a dealer and partnership with PHIHONG for the complete solutions of Electric Vehicle charging stations.
SECURED SOLAR FARM CONTRACT
OVH through OVE has secured a contract on 4 November 2020 for the provision of Engineering, Construction and Commissioning (EPC)) works at the large-scale solar farm in Manjung, Perak.
Year 2021
OCEAN VANTAGE INTEGRATED SOLUTIONS SDN BHD (OVIS)
was incorporated on 11 May 2021. The focus area of specialization is on the provision of Well Completion Equipment & Services including Rigless Well Intervention, Production Enhancement and Telecommunication & Integrated Solutions.
OV BAGGED 3 YEAR CONTRACT
Through OVE, a wholly owned subsidiary for OVH, has bagged a contract for the development of Heard & Mind (H&M) program for SEA Hibiscus in accordance with the guidelines of the Energy Institute.
Year 2022
OCEAN VANTAGE ENGINEERING SDN BHD AWARDED BAGSF-2 PROJECT
Significant milestone for Ocean Vantage Engineering Sdn Bhd to be awarded by Petrofac Engineering Services for the Provision of Civil, Building, and Piling Works for a new onshore gas plant owned by PETRONAS Carigali Sdn Bhd, the Bintulu Additional Gas Sales Facilities 2 (BAGSF-2) at Bintulu, Sarawak
OCEAN VANTAGE ENGINEERING SDN BHD COMPLETE ACQUISTION OF ESPRAT SDN. BHD.
Ocean Vantage Engineering Sdn Bhd has recently completed the acquisition of Esprat Sdn Bhd. Esprat predominantly offer habitat solutions a mong others, is a well established service provider in the oil gas industry. Both OVE and Esprat will be able to leverage on each other strength and further expand potential markets.