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Established in 1997 under Singaporean Law, and 99% owned by MIRA and 1% by PKR,
Sabre Systems International (SSI) is the owner of the FPSO Sea Good 101 that is currently
deployed just off the Northern coast of Madura in the Java Sea.

The company was acquired fully (100%) by PKR in 2001,at the time when the Sea Good 101 was also acquired initially as a flat-top barge. Sea Good 101 was converted into an oil-tank barge when PKR won a contract from the Chinese state-owned oil company, CNOOC, in 2002. Starting in 2005, PKR began negotiations for the Santos project, requiring the modification of Sea Good 101 into a production barge.

In 2006 further modifications were carried out by fitting special equipment required by Santos, and in 2007, a contract for six years was awarded with an off-take guarantee covering the first two years of contract.