JDR, a leading provider of technology connecting the offshore energy industry, is increasing its global footprint with the opening of a new service and maintenance facility in Brazil.
The JDR facility will be the latest addition to the bustling port city of Macaé when it opens for business in Q3 of 2014. The city is seen as an ideal location to build the company’s local presence and reputation, with more than 80% of the oil produced by Brazil being linked through the port in some way.
Subsea workover solutions
JDR specialises in the design and production of steel and thermoplastic subsea production umbilicals, subsea power cables and intervention workover control systems (IWOCS) as well as offering offshore and field services for the global oil and gas industry.
The Brazilian market is seen by JDR as being critical to the globalisation of the business, which commands a 70% market share in IWOCS in all markets outside of the South American country.
Andrew Norman, CEO of JDR, said: “The addition of a Brazilian facility is a significant step toward achieving our global growth strategy and a significant milestone in the company’s development.”
Adapted from press release by Cecilia Rehn
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