Icon Offshore

Dec 11, 2015 | | Say something
AddressBakau Tinggi, 24000 Kemaman, Terengganu, Malaysia
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About Icon Offshore

Icon Offshore Berhad (“ICON” or “the Company”) is the largest pure-play offshore support vessel (OSV) provider in Malaysia and one of the largest in Southeast Asia in terms of number of OSVs, according to the Infield Report. ICON owns and operates one of the youngest, fastest growing and most sophisticated fleets of OSVs in Southeast Asia to provide a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development and operation and maintenance, through to decommissioning. ICON is a Malaysia-based OSV provider and all of the vessels are Malaysian-flagged.

We are the largest pure-play OSV provider in Malaysia and one of the largest in Southeast Asia in terms of number of OSVs, according to the Infield Report. We own and operate one of the youngest, fastest growing and most sophisticated fleets of OSVs in Southeast Asia to provide a wide range of logistical support services throughout the entire offshore oil and gas life cycle from exploration and appraisal, field development, operation and maintenance, through to decommissioning. We are a Malaysia-based OSV provider and all of our vessels are Malaysian-flagged

Our business strategy is to focus on the OSV market in Malaysia and Southeast Asia which we believe has enabled us to maintain a track record of strong earnings growth and high operating margins.

Our vessels provide a diverse array of services including seismic survey, drilling operations support, towing, anchor handling and mooring of barges, construction support, repair and maintenance support, firefighting and emergency response, accommodation facilities for personnel and transportation of personnel, fuel, drilling fluids, cement, water and supplies to platforms. We believe that our ability to secure long-term charter contracts for the majority of our vessels provides us with cash flow stability and earnings visibility. We also provide ship management services to third party vessel owners.