June 15 - OceanPact has signed a R$ 443.7 million contract with Petrobras to perform specialized services for the removal and recovery of flexible pipelines as part of the decommissioning of offshore production units. The work will be carried out on the risers of the P-18 platform, located in the Marlim Field, Campos Basin. The... Continue Reading →
Ecovix and Gerdau complete decommissioning of the P-32 platform, Brazil’s first green recycling project
June 7 - The Rio Grande Shipyard, owned by Ecovix, completed this week the decommissioning of the P-32 platform in its dry dock. The first green dismantling in Brazil was concluded, involving hundreds of workers who worked on the maritime unit, which weighed more than 44,000 tons. Acquired at auction by Gerdau in July 2023,... Continue Reading →
PRIO May 2026 Operational Data
June 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) Production at the Valente cluster was impacted by the need for replacement of a gas lift line at Frade, leading to a temporary... Continue Reading →
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 →
China activates world’s first offshore wind-powered underwater data center
May 20 (interestingengineering) China’s offshore wind-powered underwater data center, said to be the world’s first of its kind, has entered full commercial operation off the coast of Shanghai’s Lingang Special Area. The $226M project was officially launched in June 2025 through a cooperation agreement signed between the Lingang Special Area administrative committee, Shanghai Lingang Special... Continue Reading →
SISTAC Extends Contract with Petrobras for Platform Maintenance in the Santos, Campos, and Espírito Santo Basins
March 31 (TN) SISTAC, a leader in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, announces that the company and Petrobras have signed a contract addendum extending the provision of services on platforms located in three basins—Santos, Campos, and Espírito Santo—for another year. Initiated in April... Continue Reading →
Belov Engenharia Signs R$2.7 Billion in Contracts with Petrobras
Maech 30 (Sinaval) Belov Engenharia has signed a total of eight contracts with Petrobras for chartering and providing shallow diving (up to 50 meters) and ROV services with DSV (Diving Support Vessels) type vessels, which will come into effect between the second half of 2026 and the second half of 2027. The signed contracts total... Continue Reading →
Brava Energia to start well driling campaign in Papa-Terra and Atlanta Fields
March 30 - Brava Energia announced today that it has kicked off a campaign to drill four new wells, two in the Papa-Terra field, in the Campos Basin, and two in the Atlanta field, in the Santos Basin. The activities will be carried out with the Lone Star semi-submersible drilling rig, operated by Constellation, with... Continue Reading →
PRIO Reports US$2.5 Billion in Revenue in 2025 with Operational Expansion at Peregrino
March 11- PRIO, the largest independent oil and gas company in the country, ended 2025 with total revenue of US$2.5 billion, driven by a 27% increase in production and sales compared to the previous year. The performance was marked by important achievements, such as the acquisition of the Peregrino field, the development of the Wahoo... Continue Reading →
X1 Wind Gets DNV Certification for Floating Wind Platform Design
March 10 (OE) X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology. The certification confirms that the X100 platform meets international engineering and safety standards under the DNV-SE-0442... Continue Reading →