SGIT & RO&M sign MoU on innovative and integrated solutions for the Offshore & 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 Kulk.

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 with homegrown cornerstones to establish Southeast Asia's leading full-suite electrical and HVAC&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.

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.

During the signing ceremony, RO&M Executive Chairman Jeffrey Choo said that the MoU is also expected to facilitate mutual talent and networking, besides stimulating future research and development.

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 (SEA)’s 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, jack-up rigs, drill ships, MPSV, AHTS, cruise liners, bulkers, accommodation barge, research, seismic, dredger, and all kinds of vessels.

This article was originally published on Marine & Industrial Report newspaper Vol 44  No.6 Issue last December 31, 2022.