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Subsea7 Secures Major Petrobras Contract for Búzios 11 Development

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Subsea7 Secures Major Petrobras Contract for Búzios 11 Development

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Subsea 7 ( (GB:0OGK) ) has issued an announcement.

Subsea7 has been awarded a super-major contract by Petrobras for the development of the Búzios 11 field in Brazil, highlighting its expertise in managing large-scale projects. This contract, which involves extensive engineering and installation work, reinforces Subsea7’s strong execution capabilities and commitment to operational excellence, further enhancing its role in Brazil’s energy sector.

More about Subsea 7

Subsea7 is a global leader in delivering offshore projects and services for the evolving energy industry, focusing on creating sustainable value as a partner and employer of choice. The company is listed on the Oslo Børs and is known for providing efficient offshore solutions.

YTD Price Performance: -12.31%

Average Trading Volume: 59,159

Technical Sentiment Signal: Hold

Current Market Cap: NOK46.29B

For an in-depth examination of 0OGK stock, go to TipRanks’ Stock Analysis page.

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