SGIT & RO&M SIGN MoU ON INNOVATIVE AND INTEGRATED SOLUTIONS FOR THE OFFSHORE AND MARINE INDUSTRIES
Two homegrown Singaporean enterprises join forces to form an all-new alliance that pioneers for innovative and integrated solutions for the oil and gas and marine industries.
Underpinned by long-term strategic partnership and tactical collaboration, Singapore Innovation Technology Pte Ltd (SGIT) and Rapid Offshore & Marine Group of Companies (RO&M) has entered into a Memorandum of Understanding (MoU) on 15 November 2022 as a commencement to their forthcoming blueprint in streamlining electrical and HVAC&R services.
This MoU was inked between SGIT Chief Executive Officer Jason Ang and RO&M Chief Executive Officer, Sebastian Huang, witnessed by the Association of Singapore Marine Industries (ASMI) President Mr Simon Kuik.
The signing ceremony was held at Marina Bay Sands in conjunction with Offshore Southeast Asia (OSEA) 2022, in the presence of major offshore and marine industry players as well as decision-makers.
According to Ang, this partnership is ground-breaking as it forms the cornerstones to establish Southeast Asia’s leading full suite electrical and HVCA&R solutions provider.
“SGIT and RO&M has always served the industry in our respective capacities and fortes. Through this partnership, we can now leverage on our mutual strengths and expand our service coverage to better match the market demands,” he said.
The union of these two powerhouses is envisaged to institute a comprehensive one-stop solution that will cover both, electrical and HVAC&R scope of work.
During the signing ceremony, RO&M Executive Chairman Jeffrey Choo said that the MoU is also expected to facilitate mutual talent and network sharing, besides stimulating future research and development.
“As a world leader in the HVAC&R industry, we need to keep abreast of growing trends to ensure business sustainability. It is important for us to explore the coalition and partnership with organisations that share an aligned vision, like SGIT," he added.
Prior to the signing ceremony, the booth of both Companies were also patronised by Minister of State for Trade and Industry Low Yen Ling and her entourage.
Singapore Innovation Technology Pte Ltd
Established in 2015, Singapore Innovation Technology (SGIT) has grown to be a major market leader and Southeast Asia's (SEA) leading provider for offshore services, technical resources and parts supply. Over the years, we amassed projects from within and beyond the region, and have built an impressive
range of portfolios, primarily in the oil and gas, marine and construction industries. Having grown immensely since our inauguration, SGIT has also added points of presence in various cities beyond our headquarters in Singapore, covering Kuala Lumpur, Penang, Labuan, Sarawak and Jakarta, to provide wider coverage and better on-site customer support to our SEA partners.
Rapid Offshore & Marine Group of Companies
RO&M have been market leaders in providing best-in-class technologies, products and engineering services for Singapore, regional and international clients. To-date, RO&M’s wholly owned subsidiaries have amassed over 200 projects worth more than S$500 million. These projects range from basic ship conversion to complex full-scale offshore and marine turnkey projects encompassing FPSO, FSO, FRSU, FLNG, MOPU, lift boats, jackup rigs, drill ships, MPSV, AHTS, cruise liner, chemical tankers, oil tankers,
bulkers, accommodation barge, research, seismic dredger and all kind of vessel.