BRIEF-Dril-Quip and Petrobras amend contract

Aug 1 Dril-Quip Inc

* Quip -on July 29, Brazilian unit and Petrobras entered amendment to four-year contract awarded by Petrobras in August 2012

* Quip -contract was awarded by Petrobras in August 2012 for supply of subsea wellhead systems and associated tools

* Quip-amendment extends term of contract until October 27, 2016 pending resolution of ongoing discussions regarding a longer term extension Source text for Eikon: Further company coverage:

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