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Oceaneering has signed two contracts with Petrobras to supply up to 362 kilometers of steel tube umbilicals and thermoplastic electro-hydraulic umbilicals, plus subsea distribution hardware, for offshore projects in Brazil. Expected revenue is US$120 million to US$183 million.
“The award of these important contracts reinforces our confidence in our customers’ durability and commitment to the resurgent deepwater markets.”brazilenergyinsight.com
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