Competitive Strengths

1. Experienced Management Team

FEG is led by an experienced management team, most of who are industry veterans who have worked extensively in the offshore marine and oil & gas industry. In particular, Mr. Tan Pong Tyea has been working in the industry for more than 20 years since the 1980s and has acquired an extensive network of business associates and has a well-established reputation in the industry. Executive Director Mr. Neo Chin Lee has extensive experience in overseeing operations for the Group, having joined OSCL in 1997 as its commercial/operations manager of Asetanian Marine Pte Ltd (a wholly-owned subsidiary of the Group) and subsequently appointed as Chief Operating Officer of Asetanian in 2002.

2. Established Operating Track Record

FEG, through its wholly-owned subsidiary OSCL, has established itself as one of the major players in the offshore marine and oil & gas industry in South East Asia. The Group provides quality and reliable services and has obtained an impeccable safety record during its years of operations. Besides providing offshore support vessels and oilfield services to its clients, FEG is also able to integrate its hardware and services into a complete solutions package that has been tailored specifically to the client’s requirements.

3. Established relationships with customers and suppliers

FEG’s technical expertise, value-added services, customised services and competitive charter rates have enabled it to establish close rapport and good working relationships with its clients. FEG has also built up an extensive network of suppliers which enables it to enjoy cost savings, good and reliable supply services.