Swire Oilfield Services has secured an exclusive five year contract with Weatherford International plc in Brazil.
The contract, providing DNV 2.7-1 cargo carrying units (CCU’s) to the oil and gas service company, was awarded following a year-long tender process and will ensure the safe transportation and storage of project critical equipment offshore, Swire Oilfield Services said.
The company has said that the contract is worth a seven figure (BRL) sum and running for the duration of five years. It said that was an important contract for the company in a key growth market where they already employ 85 people in Rio de Janeiro and Macaé.
Marcelo Nacif , General Manager Brazil, said: “This is a great reward for the team’s efforts in growing the business in Brazil and we are proud to support Weatherford’s activities.
“Swire Oilfield Services has a long established reputation for providing the energy industry with reliable, innovative products and services, and operating the world’s largest fleet of offshore CCU’s enables us to respond quickly to our customers’ requirements.
“Of all the markets we operate in, Brazil in particular is undergoing a period of transformation as it attempts to more than double production by 2020. Our increased focus on research and development to better meet our customers evolving needs will help them to achieve this and improve their operations.”