Thursday, March 29, 2012

ABS strengthens in Asia Deepwater



ABS announced the expansion of its presence in Singapore.

ABS is moving key offshore leadership positions from Houston to Singapore and is strengthening its research and development (R&D) capabilities at the ABS Singapore Offshore Technology Center (SOTC).


Growth in the deepwater sector will continue to be driven by advances in technology, and Singapore will be at the center of these advancements in the Asia-Pacific region as the country positions itself as a regional deepwater hub. The level of investment expected in the Asia-Pacific region (US $225 billion in capex through 2015) will bring rapid growth in the deepwater arena that will require mature technical competence.

"ABS has had a strong presence in Singapore for decades," says ABS President and CEO Christopher J. Wiernicki. "Our expanded offerings in Singapore reflect the country's growing role as a center for deepwater research."



Published : March 29, 2012

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