Kim Heng Forms Subsea Services and Salvage Firm Zale

Friday, September 11, 2020

Kim Heng Offshore & Marine, Singapore's offshore vessel provider, and offshore wind player, is setting up a new subsidiary named Zale, focused on subsea and emergency response services.

Kim Heng said Friday that a new fully owned subsidiary Zale had been incorporated in Singapore, with the initial issued and paid-up capital of Zale at SGD1,000.00 comprising 1,000 shares. 

"The principal activities are that of commercial diving, underwater services, emergency response, marine salvage & oil spill response management," Kim Heng said.

Justin Tan, who is Kim Heng's Chief Operating Officer - Offshore & Marine, has been appointed a director of Zale. He is the son of Thomas Tan, who is the Executive Chairman, CEO, and controlling shareholder of Kim Heng.

Thomas Tan's brother, Tan Keng Hoe Melvin, who serves as the Chief Technical Officer of the Kim Hen Group, has also been appointed as a director in the newly formed company Zale. 

Categories: Energy Salvage Subsea Activity Asia Singapore

Related Stories

Mitsui’s STATS Lands Malaysian Pipeline Isolation Job

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

Yinson Production Scoops $1B Investment to Upscale FPSO Business

Petronas Greenlights Hidayah Field Development Off Indonesia

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

China’s CNOOC Brings Bohai Sea Oil Field On Stream

Current News

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com