Xodus and Brazilian Promon Join Forces in Subsea Business

Business & Finance

International energy consultancy Xodus Group, will partner with Promon, one of the foremost Brazilian engineering companies, to build on its subsea operations in the region.

Promon is highly renowned for its engineering and project management expertise across a number of industries, and is looking to move into the subsea sector. Xodus and Promon will work side-by-side to actively bid for work in the area and will also engage in driving forward business for the rapidly growing deepwater center of excellence in Houston.

This arrangement will allow both companies to expand their operations and capabilities in the subsea sector in South America. Promon and Xodus will work together to support project development and provide a full suite of services in all phases from full field development and conceptual engineering to EPCI (engineering, procurement, construction and installation) through to operational and asset support.

The partnership will be coordinated from Xodus’ office in Houston and a Senior Engineer from the company has been seconded to work in Promon’s headquarters in Rio de Janiero where he will share technical experience and knowledge in subsea projects and coordinate the joint offering. The affiliation also includes the provision of offshore technical support by Xodus.

Matt Kirk, Americas Regional Director said, “The partnership is a real coup for the company. Promon is very well recognized in Brazil and we are delighted that they chose Xodus to be its subsea partner in this major initiative. Our integrated approach and shared dynamic vision mirrors that of Promon and we look forward to a long and successful working relationship.

“Bidding work is already underway and we have already seen success with a major contract through our Integrated Asset Support service line. The placement of one of our Brazilian engineers at Promon headquarters in Rio will allow us to understand more fully local knowledge and requirements in what is often seen as a challenging market.”

Marcelo Taulois, Director at Promon Subsea said, “The company’s strategy for operating in the subsea sector includes investing in partnerships with companies that have complementary knowledge and technology, as well as expertise in supporting project development. Xodus is therefore the ideal partner. It’s innovative, integrated service line capabilities and its strong international reputation will enable both companies to further our ambitions in this extremely important market.”

[mappress]
Press Release, October 01, 2012