Business Standard

Global Offshore bags Rs 152 cr order from Brazil firm

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Announcement Mumbai

Global Offshore Services (formerly known as Garware Offshore Services) one of the leading offshore vessels services providers has entered in to a 4-year contract with one of the exploration and production company in Brazil.

The company’s Platform Supply Vessel (PSV), MV Kailash has been awarded a 4-year contract with an approx. value of Rs 38 crore per annum and the same will be deployed in Brazil.

Commenting on this development, Aditya Garware, vice chairman and managing director, Global Offshore Services said, “The company continues to be bullish on this sector in view of the increased Exploration & Production Activity. We at Global offshore strongly believe and see a huge potential in this business.”

 

 

Global Offshore operates a total fleet of 13 vessels.

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First Published: May 04 2011 | 12:45 PM IST

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