Subsea 7 Got Five-Year Flexible Pipelay Contract in Brazil

Subsea 7 SA announced the award of a five-year $500 million contract by Petroleo Brasileiro SA (PETR4) for the provision of a deepwater flexible pipelay vessel for operations offshore Brazil staring in the second half of 2014.

To contact the editor responsible for this story: Meera Bhatia at mbhatia2@bloomberg.net

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