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OOS International enters FPSO / Offshore maintenance market

Holding OOS International Group B.V. (OOS International) confirmed today that it has signed a cooperation agreement with Forship Engenharia S/A (Forship), with the intention to establish a long-term strategic partnership to jointly pursue offshore maintenance projects mainly within the Brazilian region.

OOS International and Forship have identified that their complementary areas of expertise may be combined to enable a more efficient way of delivering projects. Both parties wish to establish a collaborative working relationship, with the shared purpose to deliver a number of key prospects together for various clients.

“We are very pleased to enter into this cooperation with Forship, a respectable company and to strengthen our ties within the Brazilian region. A strong partner enables OOS International to address new growth opportunities, especially within the Brazilian market. Our partnership opens up new models for developing offshore maintenance projects. Turnkey services can now be offered by combining Heavylift/ Floatel units with the FPSO maintenance expertise of Forship. The first cooperation project has already been identified and a joint bid has been submitted. We see attractive market opportunities where we, together, can deliver cost-effective solutions to our clients in the oil and gas sector.” said Mr. Léon Overdulve, Chairman of the Board and CEO of OOS International.

“We at Forship are also very optimistic about this partnership. Both OOS and Forship have dedicated and skilled workforces, a reputation for innovation and quality, and are recognized for delivering services with a high degree of excellence. By combining and utilizing each other’s strengths, we will be able to exploit new markets, develop new integrated solutions and increase value for our clients. The prospects are tremendous.” said Mr. Fabio Fares, President and CEO of Forship Engenharia S/A.

Forship and its affiliates are a diversified group of companies providing engineering solutions and integrated services to industrial assets in the Oil & Gas, Petrochemical, Shipbuilding, Energy, Mining, Infrastructure, Agribusiness, Biofuel and Industry sectors. Read more about Forship on www.forship.com.

OOS International and its affiliates offer a wide range of highly qualified services, heavy lifting, accommodation, decommissioning and other essential services, to the offshore market. Learn more about the company and excellent services on www.oosinternational.com.

For further information about this press release, please contact the Communications Department of OOS International.