Radix Wins $11.5M Contract from Petrobras

Wednesday, September 20, 2023

Petrobras awarded Radix a contract to develop projects for floating production, storage, and offloading vessels (FPSOs). 

The agreement will last 31 months, with services estimated at $11.5 million. 

The contract includes developing multidisciplinary engineering projects using digital automation tools for the state-owned company's new assets. "We are very excited about this major new contract with Petrobras, underlining our industrial expertise in this segment. Petrobras is a global reference client in the oil and gas market, where Radix continues to have a strong presence," said Augusto Castro, Radix's General Manager for Capital Projects.

Categories: Technology Contract

Related Stories

ABB to Modernize Automation Systems on Buzzard Platform off UK

T12 Engineering Delivers Subsea Structure for Norway Oil and Gas Scheme

OneSubsea to Deliver Subsea Boosting System for BP’s Thunder Horse

Current News

Greece Approves Chevron Request to Lead Offshore Gas Exploration

Vaalco Reports Strong Well Results off Gabon as Drilling Campaign Advances

New Discoveries Pave Way for Johan Sverdrup’s Next Phase

BW Offshore's FPSO Marks Key Performance Milestone on Barossa LNG Project

Subscribe for OE Digital E‑News