Navcon Sells Stake to BMT Scientific

(Press Release)
Tuesday, February 21, 2012

Navcon Navegacao e Controle Ltda, a Brazilian specialist in monitoring systems for the offshore oil and gas industry, entered into a formal partnership with BMT Scientific Marine Services Ltda. The company has an advanced R&D background and widespread experience of working offshore Brazil. Navcon’s current oil and gas activities align with those of BMT and include anchorage torpedoes and riser monitoring systems, monobuoy monitoring systems as well as metocean and wave measurement buoys.

BMT Scientific Marine Services Ltda is a subsidiary of the international engineering, maritime and risk management consultancy, BMT Group Ltd. BMT Scientific Marine Services Ltda, is the Brazilian entity of BMT Scientific Marine Services Inc, which provides innovative integrity monitoring systems for a wide range of floating offshore oil facilities including their subsea risers and mooring systems. BMT delivers custom engineered products from design through procurement, assembly, installation and aftermarket service.  
Claudio Pires and Valter Schad, Directors at Navcon commented: “We are delighted that BMT has chosen to invest in Navcon. We are confident that our cutting edge R&D and knowledge of the Brazilian market combined with BMT’s innovative culture, drawn from working in the oil and gas industry in other territories, will provide added value to all our current and future customers.” 
Peter French, Chief Executive of BMT Group Ltd, commented: “With the BRICS countries now considered to be driving the global economy, Brazil’s commercial importance has been further heightened. The new relationship with Navcon will allow BMT to enhance its technical base in-country providing skills to help further support Brazil in realising its oil and gas reserves.”
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

TOTE, Saltchuk Secure Financing for Marlin Class Vessels

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service

Barczak Joins Alan C. McClure Associates

Naval architecture and engineering firm Alan C. McClure Associates (ACMA) announced today that Registered Professional Engineer Nicholas Barczakhas joined the ACMA team as a naval architect.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1236 sec (8 req/sec)