# Matrix Composites & Engineering wins A$16m subsea buoyancy contract

Matrix Composites & Engineering secured a contract worth approximately A$16 million to supply a subsea production buoyancy system for a major deepwater project in South America.

- Type: Contract
- Announced: 2022-08-15
- Where: South America
- Value: $11.2M (16.0M AUD)
- Status: announced
- Products: subsea production buoyancy system
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Matrix Composites & Engineering](https://endata.com/companies/63563.md)

## Sources

- [pt.cision.com](http://pt.cision.com/cp2013/clippingdetails.aspx?id=AD82F59D-9888-4A90-9033-A7FAA53E614A), 2022-08-15: "Matrix Composites & Engineering : AWARDED MAJOR SURF BUOYANCY CONTRACT OVERVIEW secures circa A$16m contract to supply a subsea production buoyancy system for a major deepwater project in South America."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.