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    BRASCO expanding in Brazil

    News // October 25, 2002
    BRASCO is expanding its Rio de Janeiro supply base facilities to improve and enhance the services it provides to the expanding drilling programmes of the operators in the Southern Campos basin and the Santos basin.

    BRASCO is a joint venture between ASCO and its Brazilian partner Wilson Sons, a group specialising in shipping agency, harbour tug operations and container terminals.

    BRASCO currently provides services to a number of international companies operating from the Rio area such as Shell, Amerada Hess, Kerr McGee, ExxonMobil, ChevronTexaco, TotalFinaElf and Devon Energy. In addition to this, BRASCO has recently signed a complete base package contract with AGIP for the provision of open storage, warehousing, all handling equipment supervision, stevedores, cargo container units and documentation.

    A number of other operators are also going to drill in the area during 2003. With this in mind and the potential demand for the future, the company has recognised that the current facilities are insufficient to cope. An investment has been made to improve and expand BRASCO's capabilities with the development of a new base in Rio de Janeiro.

    The company currently operates from the PROMAR shipyard and has come to an agreement with the neighbouring under-utilised fishing depot to separate facilities and to operate a base from there.

    The new self-contained facility will have 50,000 square metres of open storage and 1,000 square metres of covered storage and a potential for up to five berths. Plans are under way to install bulk facilities that will include a synthetic mud plant in addition to cement and mud tanks.

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