Petrobras Signs Major EPCI Contract With Subsea 7 for Buzios 11

Petrobras (PBR) , an integrated oil and gas company of Brazil, has awarded an engineering, procurement, construction and installation (“EPCI”) contract worth R$8.4 billion to global offshore contractor Subsea 7 S.A. (SUBCY) . This strategic contract is central to the Búzios 11 Production Development Project, strengthening Petrobras’ commitment to local content, innovation and offshore expansion in the prolific Santos Basin.Búzios 11 Project: Strategic Investment in Brazil’s Pre-Salt LayerThe Búzios 11 Proje ...