Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and
Danish company Wavepiston has reached and even surpassed the €600,003 target as a part of the capital raise for its wave energy technology.
