GALLIANO, La. (AP) — Galliano shipbuilder and oilfield service provider Edison Chouest will invest more than $400 million in deepwater port facilities in Brazil.

Prumo Logistica, who is leasing the property, says the investment will give Chouest a leasing area to maintain its own vessels and a base to serve its offshore customers at Brazil’s Acu Port at São João da Barra in the Rio de Janeiro state.