Petrobras Subsea Tender Draws $1.4 Billion in Bids
Petrobras’ tender for corrosion-resistant subsea risers linked to Brazilian field developments drew bids totaling about $1.4 billion. Separate reports in September 2026 also highlighted an ONGC-funded subsea redevelopment contract in India involving pipeline replacement and Decom’s growing offshore mooring-chain cutting work across multiple countries.