French Firm Bags $1B Offshore Pipe Order from Petrobras
French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029.The long-term agreement could generate total revenue of up to $1 billion, representing the widest award both in volumes and revenues since Petrobras adopted the open tender strategy.This contract covers the full OCTG scope of supply for seamless pipes and VAM premium connections required for Petrobras’ offshore wells from 4.5-inches up to 18-inches, including carbon and stainless-steel tubulars
Oceaneering Inks $180M Subsea Robotics Contracts with Petrobras
U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras.The contracts were awarded during the second quarter of 2025, following a competitive tender.The anticipated aggregate revenue of the contracts is approximately $180 million.Oceaneering will provide work class remotely operated vehicle (ROV) services, specialized tooling packages, and survey services onboard multiple anchor handling and ROV support vessels working on Petrobras projects offshore
Petrobas Awards Fugro Four Multi-Year Contracts
Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The contracts, once signed, will commence in the fourth quarter of 2025 and span four years with potential one-year extensions. Each of the four day-rate contracts is assigned to a dedicated vessel—two operated by Fugro and two by partner companies—all of which will be equipped with Fugro’s state-of-the-art remotely operated vehicles (ROVs) for comprehensive and precise inspection and monitoring of subsea assets.
Petrobras, TechnipFMC Kick Off Electric-Actuation Pilot in Brazil
TechnipFMC and Petrobras have agreed to test and monitor a new electric actuation technology that is set to join the TechnipFMC eSolutions portfolio of electrical subsea systems.Scheduled for integration into a subsea tree planned for installation in 2026, the technology leverages both companies’ strengths to push the boundaries of subsea innovation.Through the pilot project, the companies demonstrate their commitment to advancing and scaling subsea field electrification. The project is set to accelerate the development of subsea electrification technology towards an all-electric field.The
Global OTEC: Deployment of New Onshore Power Module
communities, the the OTEC Power Module® offers a low-carbon alternative for long subsea tiebacks, reducing both CAPEX by 50%. This pilot comes just months after Global OTEC introduced the Power Module® at the 1st Brazilian Workshop on Geothermal Energy Utilization and Storage, hosted by Petrobras. In parallel, the company is advancing construction of its floating, storm-resistant prototype in Gran Canaria, Spain, showcasing both the energy system and structural innovations required to scale OTEC offshore.
UK Firm Finds Local Research Partner to Drive Adoption of OTEC in Brazil
,” said Joel Sena Sales Junior, Coordinator of the Waves and Currents Laboratory (LOC/COPPE/UFRJ).“This collaboration with COPPE/UFRJ marks a significant milestone for ocean thermal energy in Brazil. Following our recent structural demonstration and the launch of the OTEC Power Module at the Petrobras geothermal workshop, we are thrilled to explore the potential of working with local partners to lead the charge in renewable energy.“Together, we aim to unlock the vast potential of OTEC, showcasing how the ocean can deliver clean, reliable power solutions while positioning Brazil at the
Shearwater to Proceed with 4D Survey for Petrobras in Campos Basin
Offshore seismic services firm Shearwater Geoservices has been given a go-ahead from Petrobras to start one of the two 4D projects covering the Jubarte and Tartaruga Verde fields in the Campos Basin area.Under the eight-month contract, announced in January 4, 2023, Shearwater will use its high-capacity vessel Oceanic Vega and will start imminently.The projects have been included in reported backlog since the award.“We look forward to the successful execution of these projects and to provide Petrobras with high-quality seismic data covering these important fields in the Campos Basin,” said
Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil
Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025, leveraging Fugro’s advanced Blue Essence uncrewed surface vessel (USV) and Blue Volta electric remotely operated vehicle (eROV) technology to enhance inspection safety, efficiency, and sustainability.The contract marks Fugro’s first use of this equipment in the Americas, following successful applications in Australia
SLB OneSubsea to Deliver Production-Boosting Systems for Petrobras' Búzios Field
Global energy technology company SLB, through its OneSubsea joint venture, has secured a contract with Petrobras for the delivery of two subsea raw seawater injection (RWI) systems to increase production at the Búzios field, offshore Brazil.Under the contract, SLB OneSubsea will provide two complete subsea RWI systems to support Petrobras’ floating production storage and offloading (FPSO) vessels P-74 and P-75, and they will each consist of a subsea seawater injection pump, umbilical system and topside variable speed drive.The subsea RWI systems will help to increase the production of
August 2025
