IMCA issued diver safety warning as global subsea decommissioning accelerates

May 29 - New guidance aims to reduce diver risk as ageing offshore infrastructure drives increasingly complex dismantlement operations The International Marine Contractors Association (IMCA) has published new industry guidance designed to improve safety during subsea decommissioning and dismantlement projects, warning that ageing offshore infrastructure, incomplete historical records and changing site conditions are creating an... Continue Reading →

May 29, 2026 0

Petrobras Announces R$60 Billion Investment for Sergipe Deepwater Project and Pipeline Tender in 2026

May 28 - Petrobras announced investments of approximately R$60 billion in Sergipe as part of the Sergipe Deepwater Project (SEAP), an initiative that should increase the Northeast's share of the national natural gas supply from the current 16% to 31% by 2035. The information was announced by the state-owned company's president, Magda Chambriard. The SEAP... Continue Reading →

May 29, 2026 0

Saipem, Petrobras Partner Up on Decom Ops in Brazil

May 21 (OE) Saipem and Petrobras have signed a memorandum of understanding (MoU) to initiate a technical dialogue aimed at assessing and potentially developing integrated solutions for decommissioning activities in Brazil, with reference to oil and gas fields, subsea systems and associated infrastructure. In particular, the MoU covers plug and abandonment activities – relating to... Continue Reading →

May 21, 2026 0

Shell Selects New Wave Offshore for Orca Project in Santos Basin

May 11 (OE) New Wave Offshore Energy has been selected by Shell to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos Basin. The contract covers marine warranty and assurance services for the offshore development, which is estimated to contain recoverable resources of about 370 million barrels. New Wave Offshore’s scope... Continue Reading →

May 11, 2026 0

Mota-Engil Signs R$728 Million Contract with Petrobras for Decommissioning Services

April 10 - Portuguese engineering company Mota-Engil announced it has signed a new contract with Petrobras worth R$728 million for the execution of services related to the decommissioning of subsea systems in the Campos Basin. The agreement involves engineering, preparation, removal, and final disposal of offshore structures. With an estimated duration of 1,825 days, the... Continue Reading →

April 11, 2026 0

OceanPact and CBO announce merger, creating maritime services giant.

February 27, 2026 — OceanPact and CBO announced today, in a Regulatory Filing, the combination of their businesses, to be implemented through the incorporation of CBO’s holding company into OceanPact. Closing of the transaction is subject to approval by the Brazilian Antitrust Regulatory Agency (CADE), as well as the fulfillment of other customary conditions precedent... Continue Reading →

March 1, 2026 0

Petrobras Launches Online Auction of Platforms P-26 and P-19

Dec. 29 (TN) In another modernization process and commitment to the market, Petrobras announces the online auction of two deactivated offshore platforms following a decommissioning plan. Platform P-26 (pictured), located in São João da Barra (RJ), has a starting bid of R$ 1.5 million, while P-19, located in Macaé (RJ), starts at R$ 1.6 million.... Continue Reading →

December 29, 2025 0

Petrobras Auctions Two Offshore Platforms for Recycling

Dec. 15 (Reuters) Brazil's state-run oil firm Petrobras has launched an auction to sell two old offshore platforms no longer in production for sustainable recycling, the firm said on Friday. Platforms P-19 and P-26 will be sold separately, said the firm, adding that together they contain about 40,000 tons of steel. The firm has previously... Continue Reading →

December 15, 2025 0

Petrobras launches tender to reuse the topsides of the P-35 and P-37 platforms.

Dec. 8 - Petrobras launched a tender for the reuse of the topsides (production modules) of the P-35 and P-37 platforms, which operated in the Marlim field, in the Campos Basin, with the aim of modernizing them and reusing them in other projects, as a more economical alternative to decommissioning, taking advantage of the hulls... Continue Reading →

December 8, 2025 0

Oil majors unite to oppose Subsea7-Saipem merger in Brazil antitrust case

Dec 2 (Reuters) - Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show. The resulting new firm, to be called Saipem7, would have... Continue Reading →

December 2, 2025 0

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