With wreck removal to precede the dredging operation, the deepening of the approach channel to JNPT will get delayed
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The Brazilian government and Navy are considering an ambitious plan for launching an offshore subsea lab to be located at the limit of the country´s territorial waters and beyond the farthest pre-salt play
The massive increase of E&P in Brazil, especially when concerned with deepwater is giving rise to a new subsea equipment and technology industry in the country.
With an eye on the lucrative subsea equipment market, suppliers are investing in technology, local workforce and expanding local facilities. New Brazilian companies specialized in subsea equipment and services also strive to compete with foreign suppliers.
Present in Brazil for over 90 years, GE is preparing to invest $500 million in Brazil along the next 3 years and maintain its investments in local training and research. GE O&G may be one of the main recipients of this local investment as it is a market with great growth potential and where GE already has a very strong presence.
New discoveries and the development of deepwater and ultra-deepwater pre-salt increases the demand for subsea equipment and service providers, attracting various international and local companies to compete for subsea contracts for the Brazilian offshore.
Sonardyne now offers its sixth generation system to the Indian subsea operators
Great Eastern Shipping’s Singapore subsidiary acquires another Multipurpose Platform Supply and Support Vessel
FMC will deliver subsea manifolds and another range of subsea equipment to Petrobras.