- (PLX AI) – Subsea 7 announced a very large award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun.
- • The contracts will be recorded in backlog in the fourth quarter
- • Subsea 7 classifies "very large" contracts as those with a combined value between USD 500 million and USD 750 million