Royal IHC Takes Over Brastec Technologies

Royal IHC (IHC) has acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies designs and builds value-added, tailor-made production lines for the production of umbilicals and flexible pipes.

This agreement fulfills two important elements of IHC business strategy: a foothold in the important Brazilian market; and the acquisition of Dutch-based SAS Offshore, which was fully owned by Brastec Technologies.

These investments are a good fit for our strategy of internationalization, and strengthening our position in the offshore market,” says IHC’s CEO Bram Roelse. “With a foothold in Brazil, we are able to meet the demand for local content and service our customers with better regional facilities.

Founded in 2002, Brastec Technologies has built an impressive customer base consisting of mayor suppliers to oil companies.

These multinationals are mainly manufacturers of flexible pipes and umbilical cables. The value-added equipment manufactured by Brastec is considered as essential for the activities within the oil-and-gas exploration supply chain.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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