Ocean Installer targets Brazil subsea sector with new Rio office

Submitted by Paddy Harris on Fri, 2014-12-19 09:16

19th December 2014

Ocean Installer has recognised the need for a permanent presence in Brazil, with the market representing significant growth opportunities in the years ahead.

The company has seen an increasing demand of targeted vessels in the region and the short time frames in which accurate engineering solutions is demanded

“We have seen the need to establish an office to serve the Brazilian oil and gas market. Brazil is a very interesting region and the pre-salt reservoirs hold exciting opportunities for us,” said Steinar Riise, Ocean Installer CEO.

Ocean Installer has experienced significant international growth during the last year. The office in Brazil is a reflection of this growth and will initially target projects for the local subsea support market.

The company has seen an increasing demand of targeted vessels in the region and the short time frames in which accurate engineering solutions is demanded.

“We have already introduced our high capability vessel Normand Clipper to the region working for Saipem,” said Riise.

Ocean Installer has hired the highly Marcelo Mendonca to lead the office in Rio de Janeiro, Brazil.