Beng Kuang Marine Limited has announced that its subsidiary, Asian Sealand Offshore & Marine Pte Ltd (ASOM), secured approximately S$85.2m in new contracts and purchase orders during the first half of 2026. This includes S$27.6m in the first quarter and S$57.6m in the second quarter. Notably, ASOM won two life extension purchase orders valued at US$28.6m for tank services related to the FPSO life extension programme in West Africa.
The company reported that, as of 30 June 2026, ASOM, along with its other subsidiaries, PT. Nexus Engineering Indonesia (NEI) and International Offshore Equipments Pte Ltd (IOE), had a combined outstanding order book of approximately S$70.7m. ASOM’s share of this was around S$52.3m, NEI’s was S$7.3m, and IOE’s was S$11.1m.
The CEO of Beng Kuang Marine, Yong Jiunn Run, highlighted the successful conversion of West Africa lifecycle mandates into formal purchase orders, emphasising the company’s focus on disciplined execution and opportunity conversion across its offshore lifecycle and engineering businesses.
Looking ahead, Beng Kuang Marine aims to continue executing its contracted work whilst pursuing new opportunities in offshore lifecycle services, shipbuilding, and deck equipment. The company remains committed to supporting repeat integrity, maintenance, and life-extension work over the asset lifecycle, leveraging its established operating relationships in active FPSO campaigns.
