The stock jumped 10 percent, the most since October 2009, to 3.61 reais at the close of trading in Sao Paulo.
LLX, in a regulatory filing today, said it signed a leasing contract with Intermoor do Brasil Servicos Offshore de Instalacao Ltda, part of Grupo Acteon. Intermoor will build a unit at Acu to support the oil and gas industries, and the contract will generate annual revenue of about 3.6 million reais ($2 million), LLX said. Acu is located in Rio de Janeiro state.
“When someone closes an oil and gas contract, it opens up a new outlook” for the company, said Rogerio Freitas, a partner at Rio de Janeiro-based hedge fund Teorica Investimentos. “People were saying before that the terrain would remain restricted to steel, OSX, mining.”
OSX Brasil SA is Batista’s shipbuilding start-up.
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