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Stock impact report

PBR Awards $2.8B Contracts for 12 New PSVs to Bram Offshore & Starnav [Yahoo! Finance]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: Yahoo! Finance
Petrobras has awarded $2.8 billion contracts to Bram Offshore and Starnav Serviços Marítimos to build 12 new platform supply vessels, which will boost the company's offshore operations and fleet. The vessels will be built in Brazil, with a focus on local content and job creation, and will incorporate cutting-edge technology, including hybrid propulsion systems, to reduce greenhouse gas emissions. The project is part of Petrobras' broader initiative to modernize its offshore fleet, aligning with the company's 2025-2029 strategic plan, and is expected to create 11,000 jobs and provide a significant economic boost to the region. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Petrobras PBR, an oil and gas company of Brazil, recently announced the allocation of 16.5 billion reais ($ Show less Read more
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