DOF Group ASA has secured nearly $2 billion in long-term contracts with Petrobras for four new ROV support vessels (RSVs) that will support subsea inspection, maintenance and repair (IMR) operations offshore Brazil.
SES S.A. will provide satellite connectivity for seven new floating production, storage and offloading (FPSO) units operated by Petrobras, supporting offshore developments in Brazil scheduled to come online between 2026 and 2030.
Petrobras has agreed to acquire a 100% interest in a portion of the Argonauta area in the Campos basin, increasing its stake in the Jubarte pre-salt field.
Petrobras has approved the final investment decision (FID) for the SEAP I project in Brazil’s Sergipe-Alagoas basin, marking a key step in developing a new offshore oil and gas frontier in the country’s northeast.
Petróleo Brasileiro SA (Petrobras) said it has signed a deal with Petroliam Nasional Bhd (Petronas) exercising its pre-emptive rights for the Tartaruga Verde field and Module 3 of the Espadarte field, both in the Campos basin offshore Brazil.
Valaris has secured a multi-year contract extension with Petrobras for its DS-4 drillship offshore Brazil, adding approximately $447 million to its backlog and reinforcing long-term demand in the deepwater market.
Foresea has secured a long-term contract with Petrobras to operate the ultra-deepwater drillship ODN I offshore Brazil, adding approximately $465 million to the company’s backlog.
Baker Hughes has secured a 60-month services agreement with Petrobras to support critical turbomachinery across Brazil’s offshore production system and refining operations.
Petrobras has exercised its preemptive right to acquire Petronas’ 50% stake in the Tartaruga Verde field and the Espadarte Module III development in Brazil’s Campos basin, a move that will restore the company’s full ownership of the assets.
Petrobras (NYSE:PBR) is one of the largest oil and gas producers in the world. The Brazilian company is mainly dedicated to exploration and production, refining, energy generation, and marketing.