Wellstream Awarded Major Offshore Installation Contract by OGX

Thursday, Aug 26, 2010

Wellstream International Ltd, a leading manufacturer and supplier of flexible pipe systems and solutions to the offshore oil and gas industry announces the award of a major offshore installation contract from OGX Petroleo e Gas (OGX). This follows on from an earlier award for the supply of flexible risers and flowlines, mid-water arches, umbilicals and other associated equipment and services in June.

The contract will be executed by a project team based in Brazil and supported by Wellstream’s Brazil and Houston based operations.

Luis Araujo, Executive Vice President for the Brazilian Operations said: "We are delighted to receive this installation award from OGX and look forward to working closely with OGX on this contract which represents an important extension of our in-country operations here in Brazil.”

Phil Mason, SVP Installation, said of the award: “This award is a clear example of the success of Wellstream’s strategy to offer the industry full integrated SURF capability through collaborative and innovative working relationships. We look forward to working closely with OGX as the project moves into the offshore execution phases.”

Source: Wellstream International