Offshore Industry in Asia

We supply steel to the offshore industry in Asia

We supply steel to the offshore industry in Asia

The main focus of the offshore industry in SE Asia is supporting the exploration and development of  oil and gas fields in the South China Sea. The region produces about 2 million barrels a day and 500 million cubic feet of natural gas. Historically the main producers have been Indonesia, Malaysia and Vietnam with Singapore providing vital support services.

Much of the engineering and procurement for the offshore industry is done within an industrial cluster that spans Singapore, Malaysia and Indonesia. This covers the the cities of Pasir Gudang and Johor Bahru in Malaysia, Tuas and Jurong in Singapore and the island of Batam in Indonesia.

Whilst most production is destined for the local oilfields – off the East coast of Malaysia and Brunei for example there is also a thriving export market as companies have used skills acquired in delivering projects for the oil majors and the large EPC companies to reach out into the wider global market. Angola and Brazil are both markets where local companies have helped the offshore industry in SE Asia to successfully export to.

Lower value production has moved to a large extent to shipyards in China and Vietnam – often owned by companies in the region – whilst the more complex and higher value projects have continued to be constructed in the major local shipyards.  These include MMHE,   Jurong Shipyard and Keppel Shipyard. There are also a large number of EPC companies (Engineering, Procurement and Construction)  active in assisting companies to build the hardware.

Oil and Gas Companies in the Offshore Industry in SE Asia

Map of South China Sea oil and natural gas proved and probable reserves for the offshore industry in SE Asia

Map of South China Sea oil and natural gas proved and probable reserves Source:


The national oil company of Brunei is PetroleumBrunei and BHP Billiton, ConocoPhillips, Hess Corporation, Kulczyk Oil Ventures, Mitsubishi Corporation, Murphy Oil, PETRONAS, Polyard Petroleum, QAF Brunei, Shell and  Total are active there, mainly in the Baram Delta.


In Indonesia the main area of production is the Natuna Basin which is under Pertamina, the national oil company of Indonesia. Exploration and production is undertaken by PetroChina, Chevron, CNPC, ConocoPhillips, Eni, ExxonMobil, Husky, KUFPEC, PETRONAS, Santos, Statoil and Total.


Malaysia’s Petronas (of twin towers fame) exploits offshore of Sabah and Sarawak (provinces in Borneo adjacent to Brunei) as well as the Malay basin. Companies active in the offshore sector in Malaysia include Lundin, BHP Billiton, ConocoPhillips, ExxonMobil, Hess, KUFPEC, MDC O&G, Murphy Oil, Newfield, Nippon, Petrofac, Roc Oil, Shell and Talisman Energy.


PTTEP is the state oil company of Thailand and is active in the Malays Basin and the Gulf of Thailand. Most activity is undertaken by BG Group, Chevron and Shell


In Vietnam PetroVietnam the national oil company exploits the Cuu Long Basin and the Nam Con Son Basin and has partnerships with KNOC, ConocoPhillips, Geopetrol, Premier Oil, PTTEP, Santos, SK Corp, Total and Zarubezhneft.

Steel Plate for the Offshore Industry

Whilst the steel requirements of oil rigs are huge, often number in the tens of thousands of tonnes there is a remarkably active ex-stock requirement for offshore steel plate.  As the rigs and FPSOs are broken out into modules which are then subcontracted there are pressures for fast delivery, especially as the potential profit for the field operator can reach $1 million a day. So there are often urgent requirements for ex-stock plate.  Oakley Steel has supplied the full plate requirement for a number of modules on an ex-stock basis and delivered to very tight timescales – cutting the production time by 3-4 months.

Given the high specifications there are the regrettably frequent cases where part of a large delivery from a mill has been rejected. With project timescales slipping we are one of the few stockholders who are able to deliver large qualities of reliable offshore plate quickly to avoid any further slippage. The fact that we stock Dillinger plate has often given traumatised QA and procurement teams confidence that they will not face further problems.

Finally there are the continual design changes that any project faces. the MTOs are continually varying and with Dillinger being on most EPCs AML (Approved Mill List) we are able to quickly and effectively deliver single plates (or hundreds) to fill the gaps.

Plates Available Ex-Stock for the Offshore Industry

We supply both offshore steel plates and steel plates for shipbuilding. In stock we keep the following offshore steels to EN10225

Shipbuilding grades include

There are also a large number of plates to EN10025-2 to S355J2+N and S355K2+N that whilst not thermomechanically rolled are often suitable due to their high quality and immediate availability in thicknesses up to 300 mm.

Finally we also stock high yield (or high strength) steel plate with yields from 690 MPa to 1100 MPa which are used by rig builders for the rack and pinion systems which enables the platform to be jacked up. These plates are up to 200mmm thick and highly reliable.

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