Tag: Brazil

Saipem signs MoU with Petrobras for decommissioning work

Friday, May 29 2026

Fossil Energy – Decommissioning

Saipem and Petrobras have signed a Memorandum of Understanding (MoU) to initiate technical dialogue on assessing and potentially developing integrated decommissioning solutions for oil and gas fields, subsea systems, and associated infrastructure in Brazil.

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DOF wins Brazilian contracts for four new ROV vessels

Sunday, May 10 2026

General – Brazil

DOF Group has secured 12-year charter and service contracts in Brazil that will lead to the construction of four newbuild ROV support vessels (RSVs) following a competitive tender process.

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Petrobras makes FID for Brazil’s SEAP I project

Thursday, April 16 2026

Fossil Energy – SEAP I Project

Petrobras has made the final investment decision (FID) for the SEAP I project in the Sergipe-Alagoas Basin, thereby advancing the development of the Sergipe Deepwater (SEAP) project — a new frontier for oil and gas in Brazil.

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Interest restore in Tartaruga Verde field and Module III of Espadarte field

Monday, April 13 2026

General – Acquisition

Petrobras announces that it signed contracts with Petronas Petróleo Brasil for the acquisition of 50% interests in the Tartaruga Verde and Espadarte – Module III fields.

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Contract extension for Normand Fortress

Monday, April 13 2026

General – Contract Extension

Solstad Offshore has entered into an agreement for a two year extension of the current contract, with Petrobras for the CSV Normand Fortress.

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Ventura Offshore’s drillship picks up 135-day extension in Brazil

Monday, April 13 2026

Fossil Energy – Drilling

The 135-day extension of the current contract will enable the DS Carolina drillship to continue operations until September 2026, resulting in approximately $29 million additional backlog.

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