Scomi Group Bhd

Scomi Group Bhd Overview

Company Headquarters: Kuala Lumpur, Malaysia

Founded: 1961

Workforce: 1,241

Company Working:

Scomi Group Bhd is a Malaysian corporation that offers integrated solutions and services to the transportation, energy, and infrastructure sectors. The corporation was founded in 1961 and is headquartered in Malaysia's capital, Kuala Lumpur. It has factories and offices in Europe, Asia, Africa, and the Americas, among other places. Transport solutions, oilfield services, and engineering and construction services are among the many products and services offered by Scomi Group Bhd. Its transport solutions division offers monorails, automated people carriers, and other urban and intercity transportation systems. The oilfield services division of the corporation offers drilling fluids, production chemicals, and additional products and services to the upstream oil & gas industry. The engineering and construction services division of Scomi Group Berhad offers engineering, construction, procurement, and commissioning services for infrastructure projects such as power plants, airports, and highways. One of its forthcoming products is a new electric monorail form designed to be more energy-efficient and eco-friendly than conventional monorail systems. Additionally, the company is investing in R&D to create new drilling fluids and production chemicals that can help companies reduce costs and increase production efficiency.

Strategy

Innovation and Technology: Scomi Group Bhd is investing in R&D for the development of new and innovative products and technologies that can assist its customers in enhancing their operations, reducing costs, and minimizing environmental impact. Additionally, the company is utilizing digital technology to enhance its internal processes and consumer experience.Sustainability: Scomi Group Bhd is committed to sustainability and is developing solutions to assist its clients in reducing their environmental impact. The company is concentrating on developing green transport solutions and other technologies that can assist its clients in reducing emissions and increasing energy efficiency.Strategic Partnerships: Scomi Group Bhd. has partnered with other companies and organizations to establish new technologies, expand its market reach, and provide customers with greater value. The company is developing new technologies and solutions with academic institutions, research institutes, and industry partners.

Company Snapshot

$0.4M

Revenue

1,241

Employees

1961

Founded

Kuala Lumpur, Malaysia

Headquarters

SWOT Analysis

Strengths

Strong presence in Asia-Pacific region
Expertise in oilfield services and transportation solutions
Skilled workforce
Commitment to sustainability

Weaknesses

Financial instability
Limited global presence
Dependence on a few key clients
High debt levels

Opportunities

Expansion into new markets
Development of innovative products and services
Strategic partnerships and acquisitions
Growing demand for sustainable solutions

Threats

Intense competition in the market
Regulatory changes and compliance requirements
Economic and political uncertainties
Currency exchange rate fluctuations

Key Developments

Date	Approach	Development
June-2018	Launch	Scomi Oiltools, based in Aberdeen, is establishing a drilling fluids division in the United Kingdom with a new quayside facility in the city.

Product Offering

Scomi Group Bhd
- Drilling Fluids Market

Financial Performance

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