Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver 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, Royal IHC said in a statement on Thursday.
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.