Fossil energy – Drilling
Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil.
[Read more…] about Equinor starts drilling major gas development in BrazilPRIO in the clear for 14-well offshore drilling campaign
General – Drilling
The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) has issued an amendment to the drilling license for the Frade field, authorizing PRIO to drill up to 14 new wells at the field.
[Read more…] about PRIO in the clear for 14-well offshore drilling campaignOceanica secures long-term contracts with Petrobras
Fossil Energy – SDSVs
Brazilian engineering company Oceanica Engenharia has secured a series of long-term contracts with Petrobras, Brazil’s state-owned oil and gas company, with a combined value of approximately $736 million.
[Read more…] about Oceanica secures long-term contracts with PetrobrasDEME concludes contract for access channel concession in Brazil
General – Dredging
On March 12, 2026, DEME has officially signed the 25-year concession contract with Brazil’s National Secretariat of Ports (SNP) and the National Waterway Transportation Agency (ANTAQ).
[Read more…] about DEME concludes contract for access channel concession in BrazilStart-up of Lapa South-West offshore Brazil
Fossil Energy – Start-up
TotalEnergies announces the start-up of the Lapa South-West project, located in the Santos Basin, approximately 300 kilometers offshore Brazil.
[Read more…] about Start-up of Lapa South-West offshore BrazilTidewater announces all-cash acquisition of Wilson Sons UltraTug
General – Acquisition
On 22 February 2026, Tidewater acquired Wilson Sons Ultratug and Atlantic Offshore Services in an all-cash deal valued at approximately $500 million, including the assumption of roughly $261 million in debt.
[Read more…] about Tidewater announces all-cash acquisition of Wilson Sons UltraTugShell sells 20% stake in Brazil’s Orca Deepwater Project
General – Acquisition
Shell has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).
[Read more…] about Shell sells 20% stake in Brazil’s Orca Deepwater ProjectSeadrill secures new contract for idle drillship
Fossil Energy – Drilling
Seadrill has secured a new contract in Malaysia for its 10,000-ft drillship West Capella and an extension of the current contract in Brazil for the 12,000-ft drillship West Carina.
[Read more…] about Seadrill secures new contract for idle drillshipBrava Energia to buy Petronas stake in Campos Basin Assets
Fossil Energy – Acquisition
Brazil’s Brava Energia has signed an agreement to acquire Petronas’ 50% equity interest in the Tartaruga Verde field and in Module III of the Espadarte field in the Campos Basin.
[Read more…] about Brava Energia to buy Petronas stake in Campos Basin AssetsTransocean nets $168M in two rig contracts
Fossil Energy – Drilling Contracts
Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.
[Read more…] about Transocean nets $168M in two rig contracts