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JAKARTA, Nov 28, 2019 - (ACN Newswire) - Wintermar signs the Brunei Energy Industry Integrity Pact, committing to collaborate with the Brunei Government to promote high industry standards of ethics and transparency.
Wintermar was recognized by the Brunei Energy Industry Integrity Working Group in a ceremony on 26 November 2019 in Brunei. With this milestone, Wintermar joins a select group of oil and gas industry players in Brunei who have been audited and approved for this achievement.
The Pact is a commitment by Companies to support a fair and honest oil and gas industry in Brunei and the government's efforts to promote and preserve integrity in the nation. This achievement demonstrates Wintermar's high standards of integrity and business ethics which meet the requirements of the Integrity pact.
This collective pledge consists of ten industry standards and expectations relating to ethics and transparency in business, good corporate governance and compliance with agreed principles.
Sugiman Layanto, Managing Director of PT Wintermar Offshore Marine Tbk said, "Wintermar is strongly committed to supporting the Brunei Government to ensure high standards of integrity and governance in our sector. The principles of the Brunei integrity pact are very much in line with our own core value of Integrity which impacts the way we manage our business. We are very happy that the work we are doing and our management system has been approved and recognised by the Brunei Energy Industry."
Kannan Govindasamy, Chairman of the Brunei Energy Industry Integrity Working Group, said, "We congratulate Wintermar group and its associates on this milestone. Each new member of this pact has undergone a rigorous due diligence to be here today. Good governance and leadership setting the tone from the top are required to combat corruption. We expect Wintermar as a signatory to be a role model for the industry and look forward to working with you now and for the future."
Wintermar started with one offshore vessel working for a Brunei oil and gas company 6 years ago, and today Wintermar group and its associates operate 10 vessels in the country, engaged in various activities from oil and gas to harbour towage.
Contact:
Ms. Pek Swan Layanto, CFA
Investor Relations
PT Wintermar Offshore Marine Tbk
Tel +62-21 530 5201 Ext 401
Email: investor_relations@wintermar.com
Topic: Press release summary
Source: PT Wintermar Offshore Marine Tbk
Sectors: Daily News, Marine & Offshore, Local Biz, Oil & Gas
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From the Asia Corporate News Network
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