Franklin Offshore
Franklin Offshore is a Singapore-headquartered provider of integrated rigging, mooring, lifting, and subsea equipment and services for the global offshore oil and gas industry, operating from 12 wholly-owned offices across Asia-Pacific, the Middle East, Europe, and the Americas.
- Company typePrivate
- Founded1985
- HeadquartersBerrima, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Franklin Offshore does
Franklin Offshore is a Singapore-headquartered, privately held provider of integrated rigging, mooring, lifting, and subsea equipment and services for the global offshore oil and gas industry. Founded in 1985, the group operates as the parent entity Franklin Offshore Pte. Ltd. and sells a portfolio that includes core rigging equipment and services, mooring equipment and services, precision-engineered lifting solutions, and subsea equipment and services — all described as being rigorously tested for safety, durability, and performance in harsh marine conditions. The group also offers a coordinated service platform branded Nexus and has begun extending into renewable-energy equipment via a dedicated Energy Equipment Services line. Quality, safety, and environmental credentials are anchored by ISO 9001:2015 (Quality Assurance, DNV GL–approved), ISO 14001:2015 (HSE), and ISO 45001:2018 (Occupational Health & Safety) certifications held at the group level.
The commercial model is a direct, enterprise field-sales motion targeting offshore oil and gas operators, executed through 12 wholly-owned regional entities covering Singapore (group headquarters), Australia (Perth, Karratha, Darwin), Indonesia (Jakarta, Batam, Balikpapan), Korea (Busan), Qatar (Doha), the Caspian (Baku, Azerbaijan), Europe (Rotterdam), and the Americas (Brookshire, Texas). This distributed structure is positioned as a distribution advantage — providing "localised expertise" and "rapid response times" to clients in each major offshore basin. Pricing is not publicly disclosed, and revenue figures are not reported in the input data; the company appears to combine equipment supply with associated service work.
The addressable market is concentrated almost entirely in the offshore oil and gas vertical, with the recent renewables-adjacent offering representing the only clear diversification beyond that core. Supporting infrastructure includes dedicated marketing presence on LinkedIn, Instagram, and YouTube, an English-language corporate site (franklinoffshore.com) and group-level legal registrations across multiple jurisdictions. The company does not appear to have disclosed institutional investors, a parent entity, or public-market indicators.
Franklin Offshore firmographics
Firmographics- Name
- Franklin Offshore
- Legal name
- Franklin Offshore Pte. Ltd.
- Website
- https://franklin.com.sg
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Franklin Offshore is a Singapore-headquartered provider of integrated rigging, mooring, lifting, and subsea equipment and services for the global offshore oil and gas industry, operating from 12 wholly-owned offices across Asia-Pacific, the Middle East, Europe, and the Americas.
- Ownership category
- akta.pro rank
Franklin Offshore industry classification
Industry- NAICS
- Mining and Oil and Gas Field Machinery Manufacturing (33313), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
Keywords
Where Franklin Offshore is headquartered
LocationHeadquarters
- HQ city
- Berrima
- HQ country
- Australia
- HQ region
- Oceania
Offices12 records
Markets served
Franklin Offshore business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Distribution channels1 record
Marketing channels3 records
Franklin Offshore product offering
Product offeringCore offering
Franklin Offshore is an integrated provider of high-quality rigging, mooring, lifting, and subsea equipment and services primarily for the offshore oil and gas industry. Its portfolio includes rigging equipment, mooring systems, precision-engineered lifting solutions, and subsea equipment, all rigorously tested for safety, durability, and performance in harsh marine environments. The company also extends its capabilities into offshore renewable energy applications and coordinates service delivery through its Nexus integrated platform across a global network of wholly-owned subsidiaries.
Product overview
Franklin Offshore operates as a single integrated platform offering rigging, mooring, lifting, and subsea equipment and services primarily for the offshore oil and gas industry. The portfolio centers on physical equipment solutions (rigging, mooring, lifting) supported by the Nexus platform for integrated service coordination, plus dedicated Energy Equipment Services for renewable energy applications. All products and services are designed for harsh marine environments with rigorous safety and quality standards.
Differentiator
Problem solved
Functional benefit
Companies that use Franklin Offshore
Customer profileSegments1 record
Ideal customer profiles2 records
Franklin Offshore technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Franklin Offshore partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- DNV GLcoreDNV GL provides approval and certification for Franklin Offshore's Quality Assurance (QA) management system, ensuring compliance with global safety, quality, and environmental regulations for offshore solutions.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Franklin Offshore competitors and assessment
Company assessmentEmerging players
- Helix Energy Solutions: US-based offshore services and subsea well intervention provider. Comparable as a niche offshore services company with selective subsea and intervention capabilities aimed at the same offshore operator base.
Broad incumbents
- Smit Lamnalco: A larger marine services group providing terminal towage, mooring, and offshore support services globally. Comparable as a mooring and offshore support specialist with broader geographic and service scope than Franklin Offshore.
- Konecranes: A global lifting equipment and services company with marine and offshore lifting solutions. Comparable as a provider of engineered lifting equipment and services to industrial and offshore customers.
- Van Oord: A large Dutch offshore marine contractor executing dredging, subsea rock installation, and offshore wind foundation work. Comparable as a multi-discipline offshore operator that competes for rigging, mooring, and subsea work in the same basins.
- Subsea 7: A global leader in seabed-to-surface engineering, construction, and subsea services for the offshore energy industry. Comparable as a broad offshore services incumbent that also supplies subsea equipment and integrated solutions to the same operator base.
Direct peers
- Delmar Systems: Provider of offshore mooring services and equipment including drag embedment anchors, chain, and polyester systems. Directly comparable as a mooring and offshore installation specialist serving oil & gas operators.
- Vryhof: Specialist in offshore mooring systems and chain connectors for FPSOs, semi-submersibles, and offshore terminals. Directly comparable as a mooring solutions provider to the offshore oil & gas industry.
- Bridon-Bekaert (Bekaert): Producer of high-performance steel wire ropes and synthetic mooring lines for offshore oil & gas, renewable energy, and marine applications. Directly comparable given its focus on mooring and lifting solutions for harsh marine environments.
- Crosby Group: A global manufacturer of rigging, lifting, and mooring hardware for offshore, marine, and industrial applications. Directly comparable as a rigging and lifting equipment specialist serving similar offshore oil & gas end customers.
Regional players
- MISC Berhad: Malaysia-based integrated maritime and offshore solutions provider with strong Asia-Pacific presence in offshore support, FPSO, and marine services. Comparable as a regional incumbent serving Asia-Pacific offshore operators similar to Franklin Offshore's core markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Franklin Offshore social profiles
Digital presenceFranklin Offshore compliance and trust
Trust signalCompliance3 records
Franklin Offshore financial estimates
Financial estimateRevenue estimate
Valuation estimate
Franklin Offshore leadership team
Management profileNumber of profiles
Profiles8 records
Franklin Offshore subsidiaries and ownership
Company hierarchySubsidiaries12 records
Franklin Offshore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Franklin Offshore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Franklin Offshore
What does Franklin Offshore do?
Franklin Offshore is an integrated provider of high-quality rigging, mooring, lifting, and subsea equipment and services primarily for the offshore oil and gas industry. Its portfolio includes rigging equipment, mooring systems, precision-engineered lifting solutions, and subsea equipment, all rigorously tested for safety, durability, and performance in harsh marine environments. The company also extends its capabilities into offshore renewable energy applications and coordinates service delivery through its Nexus integrated platform across a global network of wholly-owned subsidiaries.
Is Franklin Offshore a public or private company?
Franklin Offshore is a private company. It is currently operating.
When was Franklin Offshore founded?
Franklin Offshore was founded in 1985. It employs 11 to 50 people.
Where is Franklin Offshore based?
Franklin Offshore is headquartered in Berrima, Australia, in the Oceania region.
Who are Franklin Offshore's main competitors?
Helix Energy Solutions is listed as an emerging player. Broad incumbents are Smit Lamnalco, Konecranes, Van Oord and Subsea 7. Direct peers are Delmar Systems, Vryhof, Bridon-Bekaert (Bekaert) and Crosby Group. MISC Berhad is listed as a regional player.
Does Franklin Offshore have an API?
No public API is recorded for Franklin Offshore.
What industry is Franklin Offshore in?
Its primary akta.pro industry code is EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters). Its NAICS code is 33313 and its SIC code is 1389.