KUALA LUMPUR (Feb 8): Malaysia-based oil and gas support services provider ICE Petroleum Sdn Bhd has entered into a partnership agreement with the UK-based consulting and engineering company John Wood Group PLC (Wood) to capture and drive growth across the energy sector in Malaysia.

According to a joint statement on Tuesday (Feb 8), as part of the agreement, Abdul Jalil Maraicar, who is ICE Petroleum group managing director, becomes a majority shareholder of Wood Group Engineering Sdn Bhd which will now trade under the name ICE Wood.

"He is appointed as director of the company (ICE Wood) and will have responsibility for driving strategic growth and development of the business," the statement said.

"The board of ICE Wood will also be strengthened through the appointment of Datuk Kamarudin Zakaria, Datuk Abdul Rahim Hashim and Mohd Fadzil Ahmad Shah," it added.

Abdul Jalil said in the statement that the merger of capabilities is timely as both ICE Petroleum and Wood seek to support the growing and ever-emerging needs of the energy industry.

“The strong parallels between the ethos and expertise of both Wood and ICE Petroleum, together with almost 200 years of collective experience, position ICE Wood as a leading engineering and operations partner in Malaysia.

“I am confident that ICE Wood will chart clear and discernible growth, particularly as it seeks to support energy clients on their mission to reduce carbon emissions and lead the transition to a cleaner energy future.

“I am thoroughly looking forward to being part of this evolution of ICE Wood in Malaysia,” Abdul Jalil said.