Petrobras Awards 48-Month Offshore Contract to Mota-Engil Unit [Yahoo! Finance]
Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Yahoo! Finance
Brasil, a subsidiary of Portuguese multinational Mota-Engil, in a strategic expansion of its offshore infrastructure program. This four-year agreement underlines Petrobras' intensifying focus on technological modernization and operational sustainability in deepwater operations, especially across the prolific Santos Basin. The 48-month contract that was recently signed is anticipated to significantly improve Petrobras' offshore capabilities. Covering a wide spectrum of engineering, construction and maintenance services, the scope includes piping installation and assembly, metal structure fabrication and installation, boiler making services involving vessels, tanks, towers and heat exchangers, scaffolding assembly, industrial painting, as well as comprehensive electrical and instrumentation maintenance. Additionally, the contract will support automation system integration, enhancing platform intelligence and data responsiveness. Each aspect of this comprehensive work package is esse
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