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Mencast Holdings Ltd
| Annual Report 2014
CORPORATE
PROFILE
OFFSHORE & ENGINEERING SEGMENT
Offshore & Engineering segment includes inspection, maintenance and
fabrication of offshore structures as well as engineering and other services
related to onshore structures from the rapidly growing Construction &
Infrastructure, Oil & Gas, Energy, Utilities, Water Treatment and Reclamation
sectors in the region. It offers in-depth expertise in turnkey project
management and budget development in mechanical structural engineering
and installation.
Entities under our Offshore & Engineering segment are recognised as
engineering specialist in the design, procurement, fabrication and installation
of structural and precision engineering systems and plants. We also have
in-house capability to fabricate complex skids, filtration membrane, pressure
vessels and storage tanks. Within this segment, we also provide a full range of
topside (rope access) services for the Offshore and Inshore industry.
MARINE SEGMENT
Marine segment includes sterngear manufacturing and refurbishment, ship
inspection, repair & maintenance services, engineering & fabrication, and
marine project management works. Through our waterfront facilities and
subsea expertise, we are able to deploy bespoke marine solutions that include
customisedmanufacturing, mobile reclaiming and reconditioning of hull parts,
repairing, refurbishing and modification of propellers. For offsite works, we
carry out inspection, repair and maintenance at shipyards, anchorages, ports,
wharves and jetties, and onboard vessels, such as FPSOs, barges, container
shipping vessels and oil tankers. Under this segment, we also provide full
range of subsea (diving) services for the Marine industry, particularly in
inspection, repair and maintenance.
ENERGY SERVICES SEGMENT
Our Energy Services segment includes custom-designed environmental and
energy solutions with the use of high technology and mobile decontaminating
plants. Services provided under this segment include semi-robotic oil tank
de-sludging, air-fin cooler cleaning, ultra high pressure hydro cleaning,
furnace decoking and pigging, and heat exchange re-tubing. In addition, we
also design and launch carbon footprint initiatives for our clients to manage
their carbon output.
Complete MRO Solutions Provider in the Offshore, Marine and Oil & Gas
Industries
Mencast Holdings Ltd and its subsidiaries (“Mencast” or the “Group”) is a
regional Maintenance, Repair and Overhaul (“MRO”) solutions provider for the
global Offshore, Marine and Oil & Gas sectors. Headquartered in Singapore,
our Group was successfully listed in June 2008 as the first sponsor-approved
listing on Singapore’s SGX Catalist and later became the first such company to
transfer to the SGX Mainboard.
From its establishment in 1981, the Group grew into a leader in the
manufacture and repair of propellers and sterngear equipment and has built
on its core competencies to steadily expand business over the last three
decades. Today, through organic growth and acquisitions, Mencast has
transformed into a complete MRO solutions provider catering to the global
Offshore, Marine and Oil & Gas industries.
Led by a dedicated and experienced management team, and operating from
our waterfront facilities and workshops in Singapore, China, Indonesia and
Malaysia, Mencast is steadily gaining recognition as a leader in the global Oil &
Gas MRO industry.
At present, our Group services customers through our three business
segments, being Offshore & Engineering, Marine, and Energy Services.
