Leveraging on oil and gas expertise, Singapore-based offshore services provider Kim Heng Offshore & Marine has ventured into renewable energy services by securing a new horizontal directional drilling contract. The company is looking to secure more work in this sector.
Kim Heng said on Wednesday that its subsidiary Kim Heng Marine & Oilfield had secured another horizontal directional drilling contract from a repeat customer following the completion of its first Marine Civil Engineering contract announced on April 11, 2019.
The contract is expected to start in September 2019.
Kim Heng said: “We are delighted to secure the project works to support our venture into renewable energy services for shallow water subsea cable laying and wind farm projects in Asia.
“Leveraging on our expertise in the oil and gas sector, we will continue to capitalize on every suitable market opportunity to secure more works and intend to develop our competitive advantage and track record not only in the HDD space, but also in the renewable energy sector.”
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