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US firm taking over Brazil s only FPSO operator, thanks to $390 million deal for Ocyan

EIG is in the process of acquiring Ocyan Participações, a Brazilian-based solutions provider to the offshore oil and gas industry.

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EIG agrees to acquire oil & gas solutions provider Ocyan for $390m

EIG has signed a definitive agreement with Novonor and Brazilian Development Bank (BNDES) to acquire Ocyan Participações (Ocyan) for $390m.

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EIG to Acquire Brazil FPSO Operator Ocyan for $390MM

Ocyan currently operates four offshore units through a 50/50 joint venture with Altera Infrastructure, holding long-term contracts with Libra Consortium, K.

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EIG to Acquire Ocyan for US$390 Million

EIG to Acquire Ocyan for US$390 Million
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EIG acquires Brazilian offshore oil, gas solutions provider Ocyan for $390 million

Ocyan has a 23-year track record delivering high-quality maintenance solutions to the offshore oil and gas sector, including the operation of subsea construction and decommissioning projects.

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