SSP Offshore announces MOU with Odebrecht Oil and Gas

SSP Offshore Inc. has entered into a memorandum of understanding with Odebrecht Oil and Gas to jointly pursue the commercialization of SSP’s proprietary circular hull design for offshore hub/terminal applications in Brazil.

Offshore staff

HOUSTON – SSP Offshore Inc. has entered into a memorandum of understanding with Odebrecht Oil and Gas to jointly pursue the commercialization of SSP’s proprietary circular hull design for offshore hub/terminal applications in Brazil.

Under the MOU, the parties will work toward finalization of the definitive joint venture framework documents within 90 days. Further details will be provided by SSP at the time the joint venture framework documents are finalized.

12/07/2011

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