Offshore handling systems company, Caley Ocean Systems Ltd and Brazilian company LIG Global Services Ltda have announced the formation of a new company to supply locally produced marine equipment to the Brazilian power, telecommunications, and oil and gas industries.
Called OSS Sistemas Offshore Ltda (OSS), it will supply a wide range handling systems for cable laying, and subseaumbilicals, risers and flowlines (SURF) projects. The company’s first project will be to build a $1m expandable 1,000Te carousel system that will be delivered in 4Q13.
OSS will bring the combined strengths of both companies in handling systems and deployment to the growing market for offshore cable installation, as well as the rapidly expanding oil and gas sector. The company will undertake the design and construction of project-specific equipment in Brazil. Caley will assist in engineering the handling systems.
“We see this as a great opportunity to expand our business in Brazil working with LIG Global Services – an established supplier of cable installation services,” said Gregor McPherson, sales director, Caley Ocean Systems. “Efficient handling systems whether for power cable or flowlines are critical to efficient and effective installation and safe handling offshore. OSS allows us to establish a supply chain that will have access to design and technical know-how gained over many years on some of the most demanding cabling and oil and gas projects.”
Carlos Granata, sales director, LIG Global Services, pointed to the growth in Brazilian infrastructure and pace of offshore developments as providing the ideal platform for growing the OSS business. “LIG is already a proven supplier to the cable laying market. As opportunities arise offshore we wish to be able to offer handling systems that are already tried and tested. In forming OSS with Caley Ocean Systems, we are able to focus our efforts on bringing the best offshore handling technology to this market.”
Growth in Scottish Global Subsea Trade
Anne MacColl, Chief Executive, Scottish Development International said: “Today’s announcement on the formation of OSS is welcome news and demonstrates a real and significant step forward for Caley Ocean Systems’ expansion into the Brazilian market. “As one of the world’s most rapidly developing economies, Brazil offers a host of opportunities for Scottish companies and from experience, we have seen that building relationships with local partners plays an intrinsic role. By collaborating with Brazilian counterparts, Scottish companies, like Caley Ocean Systems, are able to further develop their growth ambitions and take advantage of the international opportunities on offer, for the mutual benefit of Scottish and Brazilian business."
The OSS Sistemas Offshore Ltda (OSS) sales office will be located in Santo André.