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    1. Business Briefs
    2. Equipment Engineering

    Aker Solutions to manufacture offshore equipment in Brazil

    Jan. 23, 2014
    Aker Solutions (OSLO:AKSO) will receive $140 million in financing from BNDES for oil and gas subsea equipment manufacturing in Brazil.

    Offshore staff

    OSLO, Norway –Aker Solutions (OSLO:AKSO) will receive $140 million in financing from BNDES for oil and gas subsea equipment manufacturing in Brazil. BNDES is the Brazilian social and economic development bank.

    Aker’s projects will include a manufacturing plant near Curitiba at $85 million for subsea equipment including christmas trees and mooring/loading systems.

    A second plant will go in at Macaé on an investment of $55 million and will be the first drilling equipment manufacturing facility in Brazil.

    1/23/14