ROVworld Subsea Information

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

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."

This article comes from ROVworld Subsea Information

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