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McDermott secures a $50 million offshore contract with BRAVA Energia for subsea equipment installation in Brazil.
Jul 09, 2025•11 months ago
Contract Type
contract
Description
McDermott has been awarded a contract worth up to $50 million by BRAVA Energia to install subsea equipment at the Papa-Terra and Atlanta oil fields. The contract includes the transportation and installation of flexible pipelines, umbilicals, and other subsea equipment to enhance production capacity and extend the life of the offshore infrastructure.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months