New York and Paris-listed OSV owner TechnipFMC has clinched a three-year services agreement with Petrobras in Brazil.
The deal includes a two-year renewal option and will see the company maintain and inspect subsea equipment and pipelines.
Hallvard Hasselknippe, president of TechnipFMC’s subsea business, said the contract "reinforces our long-term commitment to Petrobras’ ongoing and future operations.
"We value our long-term, collaborative relationship with Petrobras which we will continue to strengthen through strong execution with high focus on safety, quality and efficiency”.
