OII - Oceaneering Bags Contract From Petrobras Worth $75M In Revenues | Benzinga
Oceaneering International Inc (NYSE: OII) disclosed winning a five-year contract from Petróleo Brasileiro S.A. (Petrobras) in Brazil for the operation of three existing drill pipe riser (DPR) systems to support intervention and completion operations in Brazil.
Petrobras also has the option to add a fourth DPR system by notifying Oceaneering before mid-December 2023.
The field operations ...