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Oceaneering International's Manufactured Products segment has secured two contracts with Petrobras to supply up to 362 km of steel tube and thermoplastic umbilicals and subsea hardware for offshore Brazil. Expected aggregate net revenue is US$120 million to US$183 million.
“The award of these major contracts reinforces our confidence in the durability and commitment of our customers to the resurgent deepwater markets.”worldpipelines.com
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