TechnipFMC Gets Subsea Contract in Brazil
June 30 2021 - 12:23AM
Dow Jones News
By Pietro Lombardi
TechnipFMC PLC said late Tuesday that it has got a substantial
subsea contract from Petrobras in Brazil.
The Franco-American oil-and-gas services company said the
contract is for the Buzios 6-9 fields, located in the Santos basin
offshore Brazil.
"TechnipFMC will supply subsea trees with controls, electrical
and hydraulic distribution units, topside systems, and installation
and intervention support services with rental tooling," it
said.
For the company, a substantial contract is worth between $250
million and $500 million.
Write to Pietro Lombardi at pietro.lombardi@wsj.com;
@pietrolombard10
(END) Dow Jones Newswires
June 30, 2021 01:23 ET (05:23 GMT)
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