Singapore-based offshore services provider Kim Heng Offshore & Marine (KHOM) has ventured into renewable energy services by securing a new horizontal directional drilling (HDD) contract.
The integrated offshore and marine value chain services provider said that the contract was awarded its wholly owned subsidiary Kim Heng Marine & Oilfield (KHMO) by a repeat customer following the successful completion of its first marine civil engineering contract.
The HDD contract is expected to commence in September 2019.
"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," the group said.
"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," it added.
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