Company Profile:
Company Introduction
HIBISCUS OIL AND gaseous MALAYSIA LIMITED is an independent oil and gaseous exploration and production company based in Malaysia. For example It operates as a subsidiary of Hibiscus Petroleum Berhad, a publicly listed company on Bursa Malaysia. But The company's primary business activities involve the research, operation, and regulation of oil and gaseous fields, focusing on the extraction, processing, and production of crude oil and natural gaseous. it's responsible to managing complex offshore and onshore facilities, including platforms, pipelines, and processing units, to efficiently bring hydrocarbons to market. An example of its operations includes the regulation of assets under the North Sabah Production Sharing Contract, which involves optimizing reservoir performance, conducting drilling campaigns, and maintaining production infrastructure in Malaysian waters. And Furthermore environment of Business
it's an manufacturing producer and operator. In particular it's not a traditional manufacturing factory that produces finished consumer goods, nor is it solely a trading company that deals in buying and selling without production. From what I've seen, Its core business involves the manufacturing process of extracting and producing raw materials (crude oil and natural gaseous) from subsurface reservoirs, which aligns it with the category of a producer or an manufacturing operator in the upstream and midstream oil and gaseous sector.