Matrix Secures First Purchase Order through Brazil Office
- Business & Finance
Matrix has received its first purchase order worth $1.8 million through its new office in Rio de Janeiro, Brazil.
The order is from one of the world’s leading deep-water drilling contractors. Matrix will supply the new riser buoyancy to replace damaged modules on a drillship that will be used off the coast of Brazil.
The order is from a long standing global client whom Matrix has supplied riser buoyancy modules to for several years.
Matrix identified a need in the Oil & Gas industry for a company that could provide engineered products that utilize advanced materials and production processes. Coupled with the innovative application of proprietary materials technologies and advanced processing and materials technologies derived from industries such as the aerospace sector, the company is delivering on its commitment to deliver its target services and technologies to key markets which have grown to include the Oil&Gas, Military, Oceanographic, Plastics and Mineral processing market sectors.
Subsea World News Staff , January 13, 2012; Image: Matrix