Name

SOE Ocean Engineering

Legal name

SOE Ocean Engineering Pte Ltd

Website

https://soe.com.sg

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Offshore Engineering Equipment

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Engineering Services (541330)

SIC

Oil & Gas Field Machinery & Equipment (3533), Industrial Instruments For Measurement, Display, And Control (3823), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB)

akta.pro secondary industries

Drillship & Semi-submersible Rig Hull Construction (IMAJACAB), Automation, Controls & Instrumentation Engineering (IAS, PMS, Control Logic) (IMAJAGAG), Production Design & Detailed Engineering (3D CAD, Drawings, BOM, Nesting) (IMAJAGAK)

Keywords

• Offshore engineering services
• Jack-up rig systems
• Rig jacking systems
• Marine deck machinery
• Offshore equipment manufacturing

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Equipment Manufacturing and Sales: Design, manufacture and sale of jacking systems, rig locking systems, deck machinery, and control systems for jack-up rigs and offshore platforms. Products are customized based on client specifications and classification society requirements. Revenue is generated through one-time equipment sales with potential for repeat orders from established shipyard customers.
2. Engineering and Design Services: Site evaluation, upgrading, and maintenance services for jacking and locking systems. Design analysis services for jack-up rigs including ratings, site assessment, spudcan penetration assessment, stability analyses, tow analysis, and fatigue analysis. Steel structure design and engineering drawings.
3. Equipment Supply and Procurement: Supply of offshore and marine equipment including offshore cranes, down hole tools, ESP pumps, coil tube, and instruments for oil wells. Wide range of global connections and sources to provide products according to client's requirements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

SOE Ocean Engineering designs, manufactures, sells, and installs rig jacking systems, rig locking systems, control systems, leg rack materials, and deck machinery for self-elevated jack-up rigs and work-over rigs. The company provides complete engineering solutions covering design, engineering, procurement, fabrication, and commissioning for the offshore oil and gas industry. Products are customized to client specifications and comply with rules of classification societies (ABS, DNV, BV, Lloyd's Register, CCS).

Product overview

SOE Ocean Engineering is an offshore engineering company specializing in the design, engineering, procurement, fabrication, and commissioning of marine and offshore equipment. The company's core product portfolio centers on jacking and locking systems for self-elevated jack-up rigs, complemented by deck machinery, control systems, and engineering services. The main product lines include: Rig Jacking Systems (J-100T through J-450T models using rack and pinion transmission), Rig Locking Systems (hydraulically driven L-series models), Leg Rack Materials, Control Systems (from SOE Canada/SHS Electric), and Deck Machinery (windlass, winches, shark jaw, towing pins). SOE Marine Equipment, a subsidiary, focuses on mooring and towing winches for shipyards. Services include jack-up rig design analysis, engineering design (3D modeling, FEA), and site evaluation/maintenance. Products are designed and fabricated in accordance with classification society rules including ABS, DNV, BV, Lloyd's Register, and CCS.

Differentiator

Problem solved

Functional benefit

Products and services

• Rig Jacking System Rack and pinion transmission system for elevating or lowering platform/leg on jack-up rigs. Available in J-100T (100MT), J-220T (230MT), J-300T (300MT), and J-450T (450MT) configurations with electric or hydraulic motor drive options. Modular design for ease of installation and maintenance, suitable for truss, tubular, and square type leg structures. Used by shipyards building self-elevated jack-up rigs.
• Rig Locking System Hydraulically driven locking system for jack-up rigs that performs rig locking and load transfer operations. Configurable to work with any rig jacking system. Available in L-2100T (4,200MT), L-3700T (7,400MT), and L-4800T (9,600MT) models, designed in compliance with ABS, DNV, BV, Lloyd's Register and CCS rules. Used by offshore shipyards and rig builders.
• Leg Rack Material Leg rack material supplied according to client specifications, including rack material and rack profile cutting. Mill certificate and class verification report/certificate are available. Used by shipyards constructing or refurbishing jack-up rig leg structures.
• Electric Control System Electric control systems for marine and offshore applications including power generation and distribution, power management, central control station, motor control centers, distribution panels, transformers, drives, motors for elevators and winches, data management systems, and alarm monitoring. Components sourced from ABB, Rockwell/Allen-Bradley, Siemens, GE, Schneider, Cutler Hammer, and Westinghouse. Provided to shipyards and offshore operators requiring integrated control systems for jack-up rigs and offshore platforms.
• Panel Shop Services UL-listed panel building services by SHS Electric, one of the largest UL-listed shops in North America. Offers panel assembly, wiring and testing, motor control panels, machine wiring, industrial engraving, and complete self-contained power control rooms. Serves North American marine and offshore customers requiring certified industrial control panels.
• Deck Machinery Various deck machineries including windlass, anchor handling towing winch, towing winch, tugger winch, capstan, mooring winch, reel winch, umbilical winch, shark jaw, and towing pin. Rated pull load capacity ranges from 5 to 300 metric ton. Supplied to shipyards, ship owners, and offshore platform operators.
• SOE Marine Equipment Products Marine equipment product line under the SOE Marine Equipment Pte Ltd subsidiary, including windlass, windlass towing winch, anchor handling and towing winch, mooring winch, tugger winch, capstan, hydraulic power unit (HPU), shark jaw, and towing pin. Used by shipyards building offshore vessels and platforms.
• Design Analysis Services Engineering consulting services for jack-up rig, barge, and lift boat including ratings, site assessment, spudcan penetration assessment, stability analyses, tow analysis, cantilever load and skidding charts, hold down clamp analysis, detailed spudcan/leg analysis, fatigue analysis, boat impact analysis, punch through analysis, and jack-up-wave-soil interaction analysis. Provided to shipyards, rig operators, and engineering firms.
• Engineering Design Services Engineering design services covering steel structure, offshore and marine equipment, and engineering drawings including 3D modeling, FEA analysis, technical evaluation, and class verification. Offered to shipyards and offshore equipment manufacturers requiring customized engineering deliverables.
• Site Evaluation, Upgrading and Maintenance Services Site evaluation, upgrading, and maintenance services for jacking systems and locking systems on operating jack-up rigs. Delivered to offshore oil and gas operators and drilling contractors requiring lifecycle support for existing rigs.

Quantifiable outcome

• Jacking systems available in 4 load capacity models: 100MT to 450MT normal jacking load
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Aker Solutions: Global offshore engineering and construction firm that designs and supplies equipment and platform solutions for offshore oil and gas. Comparable to SOE in engineering services and offshore equipment delivery for jack-up and fixed platforms.
• Cargotec (MacGregor): Marine cargo and load handling solutions provider serving offshore vessels and shipyards. Competes with SOE in deck machinery (winches, windlasses, offshore cranes) and offshore load handling systems.
• NOV (National Oilwell Varco): Global oilfield equipment major that supplies jack-up rig packages including jacking systems, cranes, and topside equipment. Directly competes with SOE in rig jacking and deck machinery but operates at far greater scale and across a much broader product portfolio.

Direct peers

• Lamprell: Middle East-based jack-up rig construction and offshore engineering company. Comparable as a jack-up-focused engineering and equipment supplier, and SOE supplies into similar shipyard/operator customers in the jack-up build cycle.
• Huisman: Dutch designer and manufacturer of heavy construction equipment including offshore cranes, jacking systems, and winches for offshore and wind installation vessels. Closest direct peer to SOE in rack-and-pinion jacking technology and offshore cranes.
• Friede & Goldman: Naval architecture and engineering firm specializing in jack-up rig and mobile offshore unit design. Comparable to SOE in the design analysis, site assessment, and rig engineering services that SOE provides alongside its equipment.
• TTS Group (TTS-NMF): Marine and offshore equipment supplier offering deck machinery, winches, and offshore handling systems. Competes with SOE's deck machinery portfolio (mooring winches, anchor handling, towing winches) for shipyard and offshore customers.
• AXTech / Axtech Equipment: Specialized supplier of jacking systems and leg equipment for self-elevating units and jack-up rigs. Direct competitor to SOE in the rig jacking system market with comparable rack-and-pinion technology.

Regional players

• Sembcorp Marine: Major Singapore-based offshore platform and shipyard operator. Both SOE customer (Keppel/Sembcorp-adjacent yards) and indirect comparable in Singapore jack-up rig construction; SOE supplies into this regional shipyard ecosystem.
• KCF Technologies (Korea cranes): Korean offshore crane and lifting equipment manufacturer supplying shipyards and offshore operators in Asia. Comparable to SOE in marine deck machinery and offshore lifting equipment serving Asian shipbuilders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/soe-ocean-engineering-pte-ltd-

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SOE Ocean Engineering