(EnergyAsia, August 21 2012, Tuesday) — Jaya Holdings, a Singapore-based offshore energy services company, said it has appointed George Horsington as President of Business Development.

Mr Horsington, 38, who has held senior management positions with UK’s Swire Pacific Offshore Operations Ltd, will join Jaya on September 6 to take charge of all areas of business development as well as contribute to its chartering business, and be the primary marketing resource for its ship-building and repair businesses.

Venkatraman Sheshashayee, Jaya Holdings CEO, said:

“This newly created post is a pivotal one for Jaya Holdings. With our new vision and strategic direction in place, we need to develop new markets and businesses and for us to do that successfully, we need a dedicated resource. George Horsington will oversee the development of new business for Jaya on a global basis and we have every confidence he has the track record and experience to be able to deliver that.”

Mr Horsington, who has been located in Singapore at various times since 2001, described Jaya as a company with exciting ideas that is well positioned to take advantage of the opportunities becoming available in the global offshore oil and gas sector.

As part of its long-term expansion, the company last month signed a wide-ranging agreement with IHC Merwede of the Netherlands matching Jaya’s strategy to build high-specification offshore vessels with the Dutch firm’s plans to expand its integrated shipbuilding and equipment manufacturing operations in Asia. Specifically, Jaya Shipbuilding and Engineering Pte Ltd will produce high-end vessels for IHC Asia Pacific while IHC Merwede will provide design and engineering support services to Jaya.

Denis Welch, IHC Asia Pacific’s CEO, said: “With this mutually beneficial agreement for both companies, IHC Merwede will have a reliable production partner in Southeast Asia.”

Jaya’s Mr Sheshashayee, said: “This tie-up with IHC Merwede represents a major step forward for Jaya Shipbuilding and Engineering. IHC Merwede brings a world-class track record of maritime engineering and technological innovations to this agreement and it is widely recognised as an industry leader in many areas of the maritime and offshore sectors.”

Singapore-listed Jaya Holdings provides a wide range of services and solutions to the offshore oil and gas E&P domain. Its specialised offshore assets including a fleet of 31 specialised vessels are designed and constructed at its fully owned facilities in Singapore and Indonesia’s Batam Island to  support offshore exploration and production, marine construction, mining and marine-related activities.