DOF Inks $150M ROV Support Vessel Contract with Petrobras
Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier.The Skandi Commander will be equipped with both a Remote Operated Vehicle (ROV) and an Autonomous Underwater Vehicle (AUV), the latter being a unique feature of this agreement.The contract, valued at approximately $150 million, is expected to start in January 2027."I am proud of our achievements in Brazil
Subsea Vessel Market Outlook 'Robust' for 2026
leading EPC contractor.Contracting activity remained strong throughout 2025, with the Tier1 EPCs, Subsea 7, TechnipFMC, and Saipem, securing significant projects across Europe, South America, West Africa, and the Middle East. South America, particularly Brazil, stands out as a key growth region, with Petrobras beyond likely to drive long-term demand.In light of this, the market is also shifting more toward deep- and ultradeep-water projects and more advanced vessels, supported by a strong pipeline of projects expected to drive demand through 2026 and beyond. As a result, close to all job types
PXGEO Inks Two Seismic Acquisition Contracts with Petrobras off Brazil
Marine geophysical services company PXGEO has signed two significant contracts with Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil.The projects will run consecutively in 2026 with PXGEO deploying its proprietary MNode 4C ocean bottom node (OBN) technology as part of the scope.The company’s MNode technology delivers a 300-day battery life, enabling extended deployment time, which is well suited for larger, more complex surveys.The enhanced operating time means surveys can run uninterrupted for extended periods, reducing
AKOFS Offshore Inks $246M Vessel Deal with Petrobras
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras in Brazil under a new contract.The contract has a duration of four years, with operations expected to start in January 2027, following the expiry of the current contract and necessary preparations for the new engagement.The 121-meter-long
Vallourec Bags Another OCTG Order from Petrobras
French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units, to be delivered and installed in Brazil’s offshore pre-salt fields.Submagnético Free Flow is a technology that applies a magnetic field on the extracted fluid and reduces the formation of inorganic scaling on the production string.With this solution, operators are expected to achieve significant
Baker Hughes to Supply Up to 50 Subsea Trees for Petrobras' Brazil Fields
Baker Hughes, an energy technology company, has secured a contract from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil.The modern subsea systems will enhance recovery in established fields including Albacora, Jubarte and Barracuda-Caratinga. They will also be deployed in more recent pre-salt developments, including the Mero and Buzios fields, to optimize production in new wells.Under the agreement, Baker Hughes will manufacture Petrobras’ pre-salt standard subsea trees, as well as subsea distribut
Oil Firms Urge Brazil to Review Subsea7 - Saipem Merger
Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show.In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration in the subsea oil and gas services market that could drive up costs and curb competition.The firms want Cade to block the merger or impose remedies to preserve competition in Brazil, such as asset sales, a source
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
December 2025
