Saipem eyes Brazil’s offshore decommissioning market with Petrobras tie-up

Italian offshore contractor Saipem is positioning itself for a larger role in Brazil’s emerging decommissioning market after signing a cooperation agreement with Petrobras to explore solutions for retiring ageing offshore oil and gas infrastructure. The companies have signed a memorandum of understanding covering a range of end-of-life activities, including well plug and abandonment work, subsea …

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