SBI Offshore Ltd. is an investment holding company, which engages in the marketing and distribution of drilling and related equipment, integrated engineering, and equipment solutions. It operates through the Marketing and Distribution and Projects segments. The Marketing and Distribution segment handles the sale of goods and services rendered and provides marketing and distribution services of offshore rig equipment for third parties. The Projects segment is derived from contracts negotiated for the construction of a combination of offshore and marine equipment which are interrelated or interdependent in terms of the design, technology, and function. The company was founded by Woo Thian Tan on October 1, 1994 and is headquartered in Singapore.