Abu Dhabi-based Gulf Marine Services has announced that it has secured a contract from an international offshore accommodation services provider, for one of its self-elevating accommodation units, to be deployed offshore Brazil for a four-year period.
UAE-based defence company EDGE has announced that it has entered into a deal to acquire a 100% stake in Brazilian aerospace and engineering company Akaer, in a move that would give the Abu Dhabi group an established engineering base in Brazil and a highly skilled, multidisciplinary team.
Konecranes has secured two crane modernisation contracts from Brazilian renewable energy and electricity transmission company AXIA Energia to upgrade lifting equipment at the Manso and Mascarenhas de Moraes hydroelectric power plants.
AD Ports Group has announced that it has acquired Brazil’s leading independent agri-bulk port terminal operator Corredor Logística e Infraestrutura (CLI) at an enterprise value of AED3.1 billion ($835 million). This CLI deal gives AD Ports Group an entry point into Latin America.
Cemvita and Radix announced progress in front-end engineering for a circular bio-oil project in Brazil, focused on converting crude glycerin, a biodiesel byproduct, into ultra-low carbon intensity bio-oil used as a feedstock to produce sustainable aviation fuel (SAF) and other advanced biofuels.
Adani Defence & Aerospace, a flagship company of Indian business conglomerate Adani Enterprises, has signed an agreement with Brazilian multinational aerospace corporation Embraer to set up a final assembly line (FAL) for its E175 regional jet under India’s Regional Transport Aircraft (RTA) programme.
Ampo Poyam Valves has supplied several highly engineered axial flow check valves for two major FPSO projects on the Brazilian coast: the P-84 (Atapu) and P-85 (Sépia) vessel platforms.
Applus+ will conduct a strategic Brazilian project inspecting naval and offshore units using high-precision measurements, drone surveys, and advanced non-destructive weld testing.
Companies operating in Brazil have expanded the country’s liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its import capacity as the country seeks to diversify its energy supply and enhance energy security, according to US Energy Information Administration (EIA).
Appian Capital Advisory, an investment advisor with a major presence in the region, has joined forces with International Finance Corporation (IFC), a member of the World Bank Group to launch a new $1 billion critical minerals and metals fund for emerging markets.
