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Petrobras (PBR) Awards $11B Contract to Seatrium for FPSOs
PBRPetrobras(PBR) zacks.com·2024-05-27 10:51

Variable Speed Drives: These drives ensure optimal power consumption and energy efficiency. Petrobras (PBR) , Brazil's largest oil and gas company, has awarded a contract to Singaporean state-owned Seatrium, a leading offshore and marine specialist through an international tender. The deal, valued at approximately $11 billion, tasks Seatrium with constructing two new floating production storage and offloading (FPSO) vessels for deployment in Brazil's Santos Basin. Cutting-Edge FPSOs for Atapu and Sepia Fiel ...