# Oceaneering secures umbilical contracts with Petrobras worth up to US$183M

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.

- Type: Contract
- Announced: 2024-06-12
- Where: offshore Brazil, Brazil
- Value: $183.0M
- Status: announced
- Products: steel tube umbilicals, thermoplastic electro-hydraulic umbilicals, subsea distribution hardware
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Oceaneering International](https://endata.com/companies/2660.md) (supplier)
- [Petrobras](https://endata.com/companies/2820.md) (customer)

## Sources

- [worldpipelines.com](https://www.worldpipelines.com/contracts-and-tenders/12062024/oceaneering-announces-manufactured-products-contracts-with-petrobras/), 2024-06-12: "The award of these major contracts reinforces our confidence in the durability and commitment of our customers to the resurgent deepwater markets."

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