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Prysmian wins $108m contract in Brazil

Italy’s Prysmian has secured a contract worth over €100m ($107.8m) by Petrobras to provide 170 km of deepwater electro-hydraulic umbilicals and the related specialized offshore and logistic services.

The umbilicals will be engineered, produced, tested, and delivered in the 2024-2027 period by Prysmian’s centre of excellence for dynamic technologies in Vila Velha, Brazil.

“This award confirms the mutual trust and long-standing relationship between Petrobras and Prysmian Group, as it is the latest of several projects developed for the Brazilian energy company,” said Detlev Waimann, CCO of projects at Prysmian.

In recent years, Prysmian has invested in further expanding its industrial assets in the Vila Velha plant and its logistic delivery options, as well its entire end-to-end value generation process, from the R&D modelling up to offshore services, to better meet the needs for technologically advanced cable solutions.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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