4Subsea, a Viking Venture portfolio company, has established a local office in Rio de Janeiro, with two new employees joining the team. The office is established in order to support the recent Shell Brazil/COPPE contract win. Picture shows Peter Jenkins, CEO (2 from left) and Jan Muren, CTO (left) celebrating the opening of the office with Brasilian employees Melqui Santos and Helio Alves (on the right). Read the full story at 4Subsea.com.
Shell Brazil and COPPE Select 4Subsea for 25 MNOK Research Project
4Subsea is awarded a Shell-funded contract to support COPPE, the centre for engineering research and education at the Federal University of Rio de Janeiro (UFRJ).
The project is funded by Shell Brazil and is a partnership with UFRJ-COPPE EMBRAPII. The primary goal is to extend the safe operational life of flexible risers. The research project focuses on reducing operational risk and increasing the life expectancy of flexible risers. The project runs for 3 years and has a contract value of about 25 million NOK.
Reduced lifecycle cost of flexible risers
“We are pleased that Shell Brazil and UFRJ-COPPE have chosen 4Subsea as their partner for this research programme”, says CEO of 4Subsea Peter Jenkins. “We will contribute by providing our broad experience from operation of flexible risers in the North Sea, including online monitoring technologies. We also bring in centres of R&D excellence, IFE and SINTEF to support the work. The goal is that our joint efforts significantly reduce the life cycle cost of flexible risers”, Mr Jenkins says.
Read the full story on 4Subsea.com.