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Dril-Quip received a letter of intent from Premier Oil to supply 23 subsea production systems for the Sea Lion Phase 1 development offshore the Falkland Islands, with formal award pending a final investment decision.
“Dril-Quip in Aberdeen has a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore the Falkland Islands.”globalenergynetwork.net
Summarized from public sources; check the original articles before acting on it.