COASTAL CONTRACTS BHD COASTAL
Coastal Contracts Bhd, incorporated in 2000 and headquartered in Sandakan, Sabah, Malaysia, specializes in integrated energy infrastructure and marine services, serving both offshore and onshore markets globally. The company operates through three main business segments: gas processing, vessel chartering, and shipbuilding and ship repair. Its gas processing division includes onshore gas conditioning plants such as the Perdiz and EMC Papan Plants in Mexico, developed via a joint venture, which process associated gas from major oil fields. The vessel chartering division offers offshore support through liftboats and other marine assets, while also monetizing high-end vessels via strategic disposals. Coastal's shipbuilding and repair segment provides fabrication, maintenance, and overhaul services for various vessel types including subsea support, anchor handling, and utility vessels. With a strategic shift toward natural gas infrastructure and diversification into tourism, Coastal aims to build sustainable, recurring income streams and support the global energy transition.
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