Perisai Petroleum Teknologi Bhd ("Perisai") is a Malaysia based upstream oil & gas service provider. A public listed group since 2004, Perisai has a market capitalisation in excess of US$250 million. Following a transformational change of business direction undertaken in 2010, the Perisai Group today owns a fleet of strategic oil & gas vessels and facilities supporting the exploration, development and production phases of offshore oil & gas fields both in and out of Malaysia. Perisai recently entered the offshore drilling segment by constructing a high specification jack-up drilling rig which is expected to be delivered in July 2014. This new business segment is expected to expand Perisai's business in Malaysia and the Asia Pacific Region. With a fleet spanning offshore support vessels, a construction support and pipelay vessel, a mobile offshore production unit and an offshore jack-up drilling rig, the Group possesses an extensive presence along the upstream oil & gas value chain. Perisai Group continues to focus on its areas of strength by seeking continuing investments in value adding, earnings accretive, strategic offshore oil & gas vessels and facilities.