ABS Supports Developments Offshore Brazil
New discoveries of giant oil and gas field discoveries offshore Brazil have operators venturing into deeper water while committing expanded E&P budgets for developments in frontier regions. The Campos Basin remains the greatest focus of exploratory activity, with the Santos Basin to the south and Espirito Santo Basin to the north also seeing activity. Ship-shaped floating production, storage and off-loading (FPSO) vessels remain the preferred development option for these frontier prospects, with ABS the leading classification society of choice for FPSO conversions for offshore Brazil, says João Carlos Pacheco, ABS Brazil country manager.
MODEC and SEA Systems Shake Hands
Shashank Karve, President and CEO of MODEC International LLC and Doug Kinloch, President of SEA Systems Ltd., a member of the AMI Group of Companies, announced the signing of an exclusive frame agreement. including engineering and specialist personnel. Karve said, "We are very pleased to have concluded this agreement with SEA. They have a consistently excellent track record in providing services for floating energy systems starting in their home territories in Canada and growth areas including Brazil and the U. Doug Kinloch added, "We are enormously pleased in the trust and confidence that MODEC has placed in us. Kinloch added, "It is particularly appropriate that we are announcing this at the World Petroleum Congress in Rio with our Brazilian partners present.
