The award from Equinor covers the engineering, procurement, construction and installation of the subsea pipelines and production systems.
The transfer of EIG’s minority stake in Brazilian gas transmission system operator TBG has been completed.
Petrobras must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData.
The company has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of its long-term growth strategy in South America.
Monti has entered into a joint venture agreement with Tecnofink LTDA to market and sell Monti products in Brazil.
Deteriorating financial situation due to COVID-19 leads to productivity decline of South American oil and gas pipeline sector, says GlobalData.
The company has announced an agreement with Petrobras to extend the current long-term day-rate contracts for three pipelay support vessels.