Norwegian pump specialist to upgrade OSV returning from lay-up
- Business & Finance
Brazilian company Wilson Sons Ultratug Offshore has awarded Norway’s PG Flow Solutions a contract to supply equipment for recovered oil services for an offshore support vessel (OSV) returning to market after lay-up.
Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and Ultramar, has one of the largest and most modern OSV fleets in Brazil, PG Flow Solutions said on Wednesday.
The liquid handling and pump specialists added that, under the contract, it would deliver pump systems for the OSV’s oil recovery system. The contract value is undisclosed.
The Norway-based company also said that the equipment would be delivered fast-track to Brazil in early 2018.
Roy Norum, EVP Sales & Business Development of PG Flow Solutions, said: “The careful positive trends in the OSV market allow owners to upgrade their vessels before they are redeployed to new charters. Ability to deliver high-quality equipment quickly is to enabling vessel owners to capitalize on such opportunities. We have invested in capacity and personnel that puts us in a position to support vessel owners at short notice.”