Marine and engineering consultancy, London Offshore Consultants (LOC) open new Vung Tau office managed by Kenny Ong.
The new office will formally begin operations in May, managed by Kenny Ong, who is highly experienced in major offshore oil and gas projects across Asia, especially in Vietnam.
The office will provide oil majors, contractors, underwriters, and other insurers operating in Vietnam’s oil and gas sectors with specialist consultancy services for planning, design and execution of complex, high-value marine and energy-based operations.
LOC’s expertise is in the construction, marine transportation, and installation of structures onshore and, in particular, offshore. The group offers technical consultancy such as front-end advice on new technologies, assessing viability of proposed operations, approving such operations, and monitoring their execution. Investigating operational problems is also covered by LOC’s remit.
LOC’s client profile in Vietnam is oil majors including the national oil company, PetroVietnam, and its various arms, and international and national offshore contractors working in Vietnam. These include both domestic underwriters and the international insurance market, particularly those insuring either the oil major or the project contractor.
LOC Vietnam is wholly owned by the LOC Group and overseen by Regional Director, Jon Walker, who said: “We have witnessed the astonishing growth of the oil and gas industry in Vietnam over recent years. We believe this growth will continue and we look upon Vietnam as a crucial part of LOC’s expansion in Asia to complement our existing operations in the region.”
