Carriers

DOF takes over terminated Subsea 7 contract in Brazil

Norwegian offshore carrier DOF has just taken over a contract with Petrobas in Brazil, which until yesterday belonged to Subsea 7. The contract termination will generate a USD 106 million loss for Subsea 7.
BY SØREN PICO & LOUISE VOGDRUP-SCHMIDT

DOF has taken over a huge contract with state-owned Brazilian oil company Petrobas from Luxembourg-based offshore and installation carrier Subsea 7.

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