Petrobras orders McDermott’s subsea flowlines for Sepia field

Brazilian oil company Petrobras has awarded McDermott a contract for the engineering, procurement, construction, and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Brazil.

McDermott said on Tuesday that the contract was a significant one. The company defines a significant contract as being worth between  $250 million and $500 million.

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