# Prysmian awarded $260M umbilical frame agreement by Petrobras

Prysmian Group was awarded a frame agreement worth up to $260 million by Petrobras for 360 km of umbilicals for offshore oil and gas extraction, plus a $95 million extension for flexible pipes.

- Type: Contract
- Announced: 2023-12-22
- Where: Vila Velha, Espirito Santo, Brazil
- Value: $260.0M
- Status: announced
- Capacity: 360 km of umbilicals
- Products: umbilicals, flexible pipes
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md) (supplier)
- [Petrobras](https://endata.com/companies/2820.md) (customer)

## Sources

- [prysmian.com](https://www.prysmian.com/en/en_2013_Petrobras.html), 2023-12-22: "The partnership with Petrobras has represented a major step forward for Prysmian in expanding its business in the Oil Gas & Petrochemicals industry."

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