The two companies combine DeepOcean’s subsea engineering competence and extensive fleet of WROVs and supporting subsea vessels with EXCEEDS’s specialist well decommissioning expertise.
The MoU for strategic partnership will strengthen collaboration, among other things, in the upstream exploration and production of oil and gas internationally and the LNG value chain.
The Natural Gas Processing Unit (NGPU) at Boaventura Energy Complex is operationalizing its first module, capable of processing 10.5 million m³/day, with a projected total processing capacity of 21 million m³/day by the end of the year.
The signing was held at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2024, which took place from November 4th to 7th in Abu Dhabi.