Oil States forms crane JV to support oil and gas operations offshore India

Source: Oil States

Oil States International, Inc. (NYSE:OIS) has entered into a joint venture agreement with G&T Oilfield and Offshore Services Pvt. Ltd. (GTO), a privately-held Indian company. 

The new venture, G&T Oil States Industries Private Limited, will be headquartered in New Delhi, with operations including state-of-the-art facilities based in Navi Mumbai, to provide comprehensive design, manufacturing, sales and service for Nautilus Marine Offshore Pedestal Cranes and King Post Cranes (under a Licensing Agreement with Patriot Cranes LLC). 

The new venture will initially operate out of the current GTO facilities in Navi Mumbai until a newly designed 10,914 square meter complex can be completed in Navi Mumbai. The complex, expected to be operational in mid 2011, will include a three-story office building equipped with a 50-seat training auditorium to facilitate training for Crane Operators and Crane Maintenance. A 75-tonne crane test stand will also be installed for function testing, and full load testing capacity on-site.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs