News

2017 August 10 18:07

GranInvestimentos and Royal IHC join forces to provide full life cycle solutions for the oil and gas market

Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver innovative and integrated life cycle solutions to customers in the oil and gas sector. Through this partnership, both companies are set to increase their operational and service activities, and expand their presence in Latin America, the company said in its press release.

The association came into effect when IHC acquired a 50% share of GranEnergia – a subsidiary of GranInvestimentos that is active in the oil and gas market. The new partnership will be named GranIHC Services. It will provide integrated services to customers in the oil and gas industry in the fields of offshore maintenance and repair, logistical services and infrastructure facilities. The new organisation combines the strong operational platform of GranEnergia in Brazil with IHC’s know-how in designing, building and servicing equipment and vessels for the offshore, dredging and mining markets.

Together, the companies will contribute to all stages of the value chain: designing, building, commissioning, installation, maintenance and decommissioning of equipment and vessels. In the coming years, shareholders will therefore further invest in the expansion of GranIHC Services’ business lines.