TechnipFMC Awarded Two Subsea Contracts By Petrobras For Brazil's Pre-Salt Fields; First Contract Is Between $250M-$500M And Second Is Between $75M-$250M
Portfolio Pulse from Benzinga Newsdesk
TechnipFMC has been awarded two significant subsea contracts by Petrobras for Brazil's pre-salt fields. The first contract is valued between $250M-$500M, and the second is between $75M-$250M.
September 19, 2024 | 8:19 pm
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POSITIVE IMPACT
TechnipFMC has secured two subsea contracts from Petrobras, potentially boosting its revenue and strengthening its position in the subsea market.
The awarding of two substantial contracts by Petrobras is likely to positively impact TechnipFMC's revenue and market standing. The contracts' significant value suggests a strong business relationship and potential for future collaborations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100