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Dril-Quip subsidiary in Aberdeen entered into a FEED contract and frame agreement with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore Falkland Islands. The equipment portion is valued at $207 million.
“We are excited that Premier has chosen Dril-Quip to be their trusted provider of subsea equipment for Sea Lion and that Dril-Quip’s scope of work for the project is progressing according to plan.”offshore-energy.biz
Summarized from public sources; check the original articles before acting on it.