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Halliburton, Asian Supply Base Bullish On Labuan O&G Sector

LABUAN, 6 Sept -- Halliburton, one of the world's top energy services companies with global presence in 70 countries worldwide, sees positive outlook for the oil and gas industry in Labuan, in line with the outlook for the global industry.

Robust demand from emerging markets and the ability of growth in production to outpace softer oil prices are factors that support the positive outlook in the sectors.

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Labuan-based ASB Eyes O&G Sector In Sabah

LABUAN, Sept 4 2012 -- Asian Supply Base Sdn Bhd, a Sabah Government subsidiary, is eyeing opportunities in Sabah's oil and gas industry particularly in Sipitang.

Chief Executive Officer Datuk Harris Tan said the business expansion to the Sabah mainland is in line with ASB's diversification plan to become a major player in a highly competitive industry.

He said ASB is moving in the right direction to cater to the region's increasingly active oil and gas industry.

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Security Measure Beefs Up at ASB Labuan's Base

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LABUAN, Feb 8 -- Asian Supply Base Sdn Bhd (ASB), the Labuan’s largest oil and gas base with estimated valued of more than 5 billion assets being stored in its base, will continue to place an emphasis on safety and security aspect.

Its chief executive officer Dato' Harris Tan said the security aspect would not be taken lightly in view of the high value of assets and interest of major local and international oil and gas players operating in its base.

“It is the factor we have auxiliary policemen to safeguarding and protecting our base from any untoward incidents or intruder,” he said at the opening of Auxiliary Police Meeting hosted by ASB Wednesday.

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