Tag: Prysmian Umbilicals

Petrobras selects Prysmian Umbilicals, flexible pipes

Prysmian Group was awarded a major contract worth approx. USD 260M, related to a frame agreement for Umbilical products for offshore oil and gas extraction, by Brazilian oil company Petrobras.

The award refers to a frame agreement for 360km of Umbilicals, most of it to be used in pre-salt fields, in 16 different cross sections and related ancillaries, offshore services and qualifications, worth approximately USD 260M with 50% minimum purchasing commitment and call-off orders to be placed within a two-year period.