Brazil: OSX Receives Order for Two WHPs from OGX

OSX Receives Order for Two WHPs from OGX

Brazil-based OSX, a company that provides equipment and services for the offshore oil and gas industry, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered into by the companies.

The two new units will be built by OSX Construção Naval S/A in the Açu Shipbuilding Unit, which is currently being implemented in the northern region of the State of Rio de Janeiro, and are destined to meet OGX’s oil and gas production program. The Açu Shipbuilding Unit will, once it is completed, be the largest shipyard in the Americas.

 “OSX currently manages an order book comprised of 21 units for production of oil and gas in Brazil. The confirmation that our anchor client OGX has ordered 2 WHPs reaffirms our commitment to the development of oil production in Brazil. This commitment is also reflected in the 10,000 Brazilian persons that have applied to date for the shipbuilding technical professional training program that is being implemented by SENAI-FIRJAN jointly with our ITN – Institute of Naval Technology. This is Brazil working and progressing! OSX, at service for the development of Brazil.” said Luiz Eduardo Carneiro, CEO of OSX.

Currently, OSX has an estimated order book of 48 offshore units for OGX, corresponding to approximately US$ 30 billion, US$ 4.8 billion of which are already confirmed, represented by seven oil and gas production platforms. The construction of these platforms is underway, at different engineering and execution stages.

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Offshore Energy Today Staff, April 19, 2012; Image: OSX