OPE, Inc. Company News

OPE Holdings has reached a binding agreement to sell the assets of its offshore engineering division based in Houston, Texas and in Trinidad & Tobago to Foster Wheeler at a base sale price of $9 million.

OPE announced that the engineering team for its patented SSP Satellite Services Platform has reached a major development milestone.

OPE, Inc. announced the appointment of Steve Craig as Senior Project Manager, responsible for the detailed engineering through construction of its patented SSP design.

OPE Inc. has been selected by Crystal Energy to perform conceptual engineering for an LNG off-loading hub in the Santa Barbara Channel, offshore California.

OPE has been awarded subcontracts by FMC SOFEC Floating Systems for the development of five offshore loading stations for transportation of crude oil and condensate hydrocarbons from onshore facilities.