Sedco forex australia pty
Thomas Tan and SK Tan joined the business in and respectively, whilst their other siblings joined our Group progressively from onwards. In , in view of growing business, our Group corporatised itself through the incorporation of "Kim Heng Marine Pte Ltd". In , as part of our Group's business expansion plans, Alpine Progress was incorporated to, inter alia, function as a special purpose vehicle to acquire and own vessels. By , our Group had gained invaluable experience in the repair and maintenance of our own fleet of vessels and those in the harbour craft industry.
In , Kim Heng Maritime was set up to provide offshore maritime transportation services which encompassed chartering of vessels and towage of vessels and rigs to offshore platforms throughout Southeast Asia. In , our Group rented a terrace warehouse at 45 Shipyard Road together with an open storage yard in Jurong Marine Base which had a jetty.
Our Group rented additional space over the subsequent years from JTC comprising in total four terrace warehouses and an open storage yard in Jurong Marine Base before relocating all our facilities to our current facility at 9 Pandan Crescent in September This current facility occupies an area of approximately 34, m2 with a metre long waterfront, enabling our Group to carry out additional activities, specifically shipbuilding, ship repair and fabrication works.
Leveraging on our experience in the repair and maintenance of tugs and barges, in , Kim Heng Marine Pte Ltd ventured into the repair and maintenance activities for offshore oil rigs at anchorage in response to requests from rig owners. These encompassed fabrication, installation and painting of steel structures on the offshore rigs, provision of specialised oilfield equipment to oil companies and drilling contractors, including drill pipes, line pipes and other tubular products such as handling tools and casings.
In , our Group embarked on rig fabrication activities and was awarded a project by Transocean then known as Sedco Forex Offshore for fabrication and modification works to be carried out on a semisubmersible rig, Actinia. In , amidst rising demand from the shipbuilding industry, Kim Heng Shipbuilding was incorporated to undertake our shipbuilding and ship engineering and repair operations. The building of barges commenced at our yard at 9 Pandan Crescent.
In June , we were granted by JTC, subject to conditions, a 3-year license convertible into a year lease over the plot of land located at 48 Penjuru Road for the construction of a facility. This facility, which is for use as a shipyard and fabrication yard, enables afloat repairs and other shipbuilding activities to be carried out and has an estimated land area of 19, m2 with a 68 metre waterfront.
The main office of Transocean is in Vernier, Switzerland. Parent organization: Transocean Ltd. Transocean is one of the largest and major offshore drilling companies that offers contract-based services.
With the most advanced fleet in the market, it is one of the highly reliable brands currently operating in the international market. The President of the company is Boris Nejikovsky. It is one of the dominant players in the market after it intelligently acquired the Atwood Oceanics. Seadrill Seadrill was started by John Fredriksen in the year The main office of Seadrill is in Hamilton, Bermuda. After a couple of roller coaster rides, Seadrill managed to come out with strong numbers.
Its fleet has been awarded by major tech giants and applauded by many management firms due to their high performance. Due to this, the biggest market contender has emerged as a reliable partner for extracting natural products. Noble Corporation Noble Corporation was started in the year Subsidiaries: Pacific Drilling S.
Noble Corporation is one of the main companies when it comes to oil and gas extraction. After the oil crash, the company has managed to add new improvements for boosting its performance at global scale. It has the most versatile and advanced fleet in the industry flooding with new offshore drilling companies. Subsidiaries: Diamond Offshore Singapore Pte. Ltd; Diamond Offshore Drilling Sdn. Diamond Offshore Drilling has been operating since the early days of the offshore drilling industry.
It offers its services to the energy industry across the six continents. It delivers maximum results, the best balance between performance and output, using flexible methods. Rowan Rowan was started by Richard Rainwater in the year The main office of Rowan is in London, United Kingdom. Rowan merged with Valaris, making it the most reliable go to option for offshore drilling services.
It is at the forefront of effectively handling weather-related impacts and taking advantage of the improved industry conditions. It is situated at the epicenter of the offshore drilling industry due to its strategic presence across the globe and a profitable business merger with Valaris. Future Scope The rapid expansion of offshore oil and gas activities is predicted to drive the worldwide offshore drilling rigs market forward.
The businesses were undertaken under the name of "Kim Heng Tugboat Company".
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