1. Home
  2. / Uncategorized
  3. / In Bahia, Shipyard ENSEADA Signs Contract and Starts Operation of Multipurpose Wharf
Reading time 2 min of reading

In Bahia, Shipyard ENSEADA Signs Contract and Starts Operation of Multipurpose Wharf

Written by Paulo Nogueira
Published on 11/12/2019 at 06:45
estaleiro ENSEADA Bahia
Be the first to react!
React to this article

The ENSEADA Shipyard in Bahia Announced Yesterday, 10, the Acquisition of a New Contract and Begins Operation of Another Multipurpose Dock

The contract signed by the Enseada shipyard in Bahia was with the company SeaSeep – Oil&Gas Data Acquisition and marks the beginning of operations at Multipurpose Dock No. 4. Job Explosion Onshore Ahead! Petrobras Sells 34 Oil Fields in Rio Grande do Norte to PetroRecôncavo for US$ 266 million.

Multipurpose Dock No. 4 is designated for naval repair work, layup, and port operations.

Multipurpose Dock No. 4 has a length of 270m, a width of 35m, a draft of 13m, and a strength of 60ton/m², in addition to a 70ton JIB Crane for handling cargo.

In October, the Shipyard Requested Judicial Recovery

The Enseada Shipyard (EIN), located in the municipality of Maragogipe, Bahia, requested judicial recovery due to debts of about R$ 2.3 billion.

The company had been making every effort to overcome its business and financial challenges since the end of 2014 and had been undergoing extrajudicial recovery since 2017.

The plan was requested with the hope that orders would be made during this period to keep the shipyard honoring its commitments, but that did not materialize.

It is worth noting that the Enseada shipyard participated in the Brazilian Navy’s bidding for the construction of four corvettes, won by the Águas Azuis consortium, with Oceana from Itajaí as the builder.

By entering judicial recovery, the Bahia shipyard hopes to restructure its liabilities, “This measure will enable the implementation of a definitive financial restructuring, in a coordinated, safe, and transparent manner, allowing the continuation of its operational activities and its social function of ensuring and generating jobs. The company continues its activities as normal,” says the statement.

The Enseada was the largest private investment in Bahia in the last 15 years, and its construction, although not completed, required around R$ 3 billion.

The shipyard, which at the height of its construction employed over nine thousand workers, was immensely affected by the cancellation
of contracts for six drilling rigs contracted by Sete Brasil.

 

Tags
Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Share in apps