Press Release
Airborne Oil & Gas announced on February 06 that Renato Bastos has joined Airborne Oil & Gas, as Vice President Brazil, strengthening its presence in Brazil. In this role, Renato will be responsible for delivering the company’s roadmap to qualify the Thermoplastic Composite Pipeline (TCP) Riser for dynamic application in Deepwater Brazil.
As a global leader in TCP, Airborne Oil & Gas started a qualification programme in 2018 for dynamic TCP Risers intended to be deployed in deep water off the coast in Brazil, including for pre-salt environment.
Oliver Kassam, CEO, comments: “Brazil is a key market for Airborne Oil & Gas, and the TCP Riser has a unique opportunity to deliver the ultimate reward to our clients in terms of lowered total cost and overall installability benefits. With our qualification program well underway, we are glad to have Renato Bastos lead our organisation in Brazil and prepare for our future growth.”
Airborne Oil & Gas’ TCP Riser design delivers the lowest total installed cost solutions for dynamic risers in deepwater applications, whilst offering maximum flexibility to operators in terms of subsea configuration and choice of installation method. The TCP Riser developed by Airborne Oil & Gas optimises cost with minimum bend radius and weight, using only robust and field proven materials.
Renato Bastos brings with him over 20 years experience with a strong background in the SURF market for installation of flexible pipe, having worked in number of position including Ship Operations Manager and Technical Director. Most recently, he held the role of Projects Director of Subsea for Ocyan. With his experience, he is well positioned to lead the development and qualification work of the TCP Riser, and develop the Brazilian market, which is a strategic market for Airborne Oil & Gas.
About Airborne Oil & Gas:
Established in 2007, AOG is the world's first and leading manufacturer of Thermoplastic Composite Pipe. TCP offers a radical reduction in cost and improvement in subsea asset integrity, on flowlines, risers and jumper spools. TCP is strong, non-corrosive, spoolable, lightweight and delivered in long lengths, resulting in a significant reduction of transportation cost, installation cost and total cost of ownership. AOG’s shareholder base includes HPE, Shell Ventures, Chevron Technology Ventures, Evonik, Saudi Aramco Energy Ventures, Subsea 7 and Sumitomo Corporation.
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