<p>Brazilian oil and gas major Petrobras has signed an engineering, production, construction, and installation (EPCI) contract with Subsea 7 for the Búzios 11 Project, worth R$8.4bn ($1.48bn) The contract establishes a minimum requirement of 40% local content, but the expectation is to reach a percentage above 50%. In total, the deal is expected to generate &#8230;</p> </p><p><p>https://splash247.com/petrobras-pens-epci-deal-with-subsea-7-worth-nearly-1-5bn/</p></p>