Dutch company Royal IHC and Brazil-based GranInvestimentos have joined forces to provide integrated lifecycle solutions to oil and gas sector customers.
The partnership will be known as GranIHC Services and is expected to increase both companies’ operational activities and strengthen their presence in the Latin American market.
The association became effective after IHC acquired a 50% share of GranEnergia, a subsidiary of GranInvestimentos.
GranIHC Services will focus on providing integrated services to customers in the oil and gas industry such as offshore maintenance and repair, logistical services and infrastructure facilities.
The new organisation is set to leverage GranEnergia's operational platform in Brazil, as well as IHC’s expertise in designing and servicing offshore vessels and equipment.
IHC Latin America executive director Adriano Fernandes said: “The partnership with Gran is a strategic move for IHC. It has been our goal to increase our local presence, especially in the services area.
“With GranIHC, we can combine Brazilian entrepreneurship with our tradition of more than 300 years in designing and building specialist equipment and vessels.”
GranIHC will serve all stages of the value chain, including the design, construction, installation, maintenance and decommissioning of equipment and vessels.
GranIHC Services CEO Rodrigo Dantas said: “This partnership will perfectly combine the expertise of Gran, a young company with first-rate knowledge of the oil and gas market, with that of IHC’s, a long-established and world-class company that provides innovative solutions to customers all over the world.”
Royal IHC specialises in the provision of equipment, vessels and services for the offshore, dredging and wet mining markets.