Subsea 7 (GB:0OGK) has released an update.
Subsea 7 has secured a super-major contract over $1.25 billion with Petrobras for the Búzios 9 field development in Brazil, encompassing a range of services from engineering to installation, set for completion in 2026-2027. This solidifies Subsea 7’s strong relationship with Petrobras and reinforces their presence in the Brazilian market.
For further insights into GB:0OGK stock, check out TipRanks’ Stock Analysis page.
