Mota Engil SGPS S A : informs about the signing of a contract in Brazil in a total amount of circa of 300 million euros
October 23, 2023 at 01:00 pm EDT
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MOTA-ENGIL INFORMS ABOUT THE SIGNING OF A CONTRACT IN BRAZIL IN A TOTAL AMOUNT OF CIRCA OF 300 MILLION EUROS
MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL) informs that it has signed, in consortium with Ocyan, a contract worth circa of €300 million ($R 1,600 million) related to the revitalization of the network gas from Petrobras, in the Campos Basin, in Rio de Janeiro. The contract establishes the company's expansion in the Oil & Gas activities and offshore EPCI projects, which include Engineering, Construction, Acquisition and Installation of equipment.
Within the scope of the contract, which has an estimated duration of four and a half years, the offshore activities will be carried out next to the Namorado and Garoupa platforms (PNA-1 and PGP-1) and will include the installation of several underwater equipment's that will allow the distribution and branching of gases or liquids and flexible ducts.
Furthermore, in addition to the award mentioned above, in the second half of 2023 it is worth highlighting the signing of new contracts / additions to existing contracts by some of the GROUP'S subsidiaries in Latin America in a total amount of circa of €350 million.
With the awards announced above, the GROUP continues to consolidate the activity to be carried out in the coming years at historically high levels, at the same time expanding, in size and profitability, its presence in the region's main markets.
Porto, October 23rd, 2023
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 23 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2023 16:59:38 UTC.
Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.
MOTA-ENGIL, SGPS, S.A. 
