NCE Subsea, ONIP Sign MoU (Brazil)

NCE Subsea acknowledge the vast market opportunities for Norwegian companies in Brazil, urging Norwegian companies to investigate their potential in the world’s fastest growing market. They have signed a Memorandum of Understanding with the Brazilian National Organization of the Petroleum Industry.

NCE Subsea keeps connecting to the most attractive organizations in Brazil in order to connect subsea related companies, R&D and educational institutions in the two largest offshore markets in the world; Norway and Brazil.

NCE Subsea has signed a Memorandum of Understanding (MoU) with Organização Nacional da Indústria do Petróleo (ONIP) – the National Organization of the Petroleum Industry. This is the second MoU with Brazilian organizations this week.

The objective of the MoU

Collaborate in order to study ways in promoting technological cooperation and matchmaking between subsea related enterprises, primarily small and medium sized companies (SMEs), by supporting innovative projects in which it allows the participation of research institutions.

Coordinate the use of their own mechanisms for promoting and funding, in order to facilitate partnerships between Brazilian and Norwegian subsea related enterprises in the development of new technologies, products, processes or services.

Implement actions to support increasing competitiveness and the internationalization of subsea related SMEs in Norway and Brazil state through international cooperation and technology transfer.

Collaborate in promoting the National Innovation Systems of both countries and exchange experiences in managing innovation and managing public and private resources for innovative companies in Brazil and Norway.

ONIP will become a partner in NCE Subsea’s bi-lingual Subsea Index, a matchmaking database to be launched in Vitoria Brazil on Thursday, September 20. They urge member companies related to the subsea industry to register in the database.

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Press Release, September 20, 2012