- TechnipFMC ( NYSE: FTI ) said Tuesday it has been awarded a "substantial" master services agreement for subsea services with Petrobras.
- TechnipFMC said it will provide life-of-field services to support its installed base offshore Brazil under a three-year contract, with an option to extend for a further two years.
- The agreement succeeds a previous agreement and supports Petrobras’s increased volume of operations and services, which will be supplied from TechnipFMC’s base in Macaé, Brazil.
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TechnipFMC inks "substantial" subsea services contract with Petrobras