OCEANEERING SIGNS NEW CONTRACT WITH PETROBRÁS AND FORECASTS GROWTH FOR THE NEXT FIVE YEARS IN BRAZIL

Jul 19 2018

As the gradual pick up of the Brazilian oil and gas sector, the news of new businesses is beginning to be more frequent. This time, Oceaneering was able to sign a DPR (Drill Pipe Riser) contract with Petrobrás to complete oil wells. “The entire team is well involved in this project and we are very happy to have won this contract, which is very expressive,” said Daniel Nogueira, manager of the company’s Service, Technology and Rental unit.

The mobilization deadline will be up to 14 months and Oceaneering must make an investment of about $ 45 million during the execution of the contract. “All the divisions that we have in Brazil are working on some contract or tender. We believe the next five years of Oceaneering in Brazil will be of growth, “he added.

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