Oceaneering (OII) Clinches $120-$183M Contracts With Petrobras

Oceaneering International, Inc. (OII) , a leading supplier of offshore equipment and technology solutions to the energy industry, declared that its Manufactured Products segment won two major contracts with Petrobras (PBR) , Brazil's state-run oil and gas company, through a competitive bidding process.These contracts are expected to generate net revenues between $120 million and $183 million. Let's delve into the details of these contracts, the significance of the products being supplied and the broader imp ...