ROVworld Subsea Information

Global Industries awarded US$ 70 million project in Brazil
Date: Tuesday, November 10, 2009 @ 11:00:00 EST
Topic: CONTRACT AWARDS


Global Industries awarded US$ 70 million project in BrazilGlobal Industries, Ltd. announced today that its Brazil Business Unit has signed a contract with Petroleo Brasileiro S.A. (Petrobras) for diving, ROV and construction services to be performed offshore Brazil, in the areas of Campos, Santos and Espirito Santo basins.



The 180-day contract is valued at approximately US$ 70 million and has an option for an extension of up to six additional months.

John Clerico, Global's Chairman and Chief Executive Officer, said: "The project is in line with our long term view and growth strategy in Brazil, as well as our commitment to deliver integrated solutions and quality services to Petrobras."
 







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