Offshore

Foresea Wins Petrobras Drillship Contract

Foresea has won a new Petrobras contract for the drillship ODN I offshore Brazil, adding about $465 million to backlog with work set to begin in early 2027.

Foresea drillship ODN I. (Photo: FORESEA)

26, March 2026
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Foresea has secured a new contract from Petrobras for the ultra-deepwater drillship ODN I, adding about $465 million to backlog.

The award covers a 1,443-day term offshore Brazil. Petrobras, acting as operator of the Mero Consortium, selected the 2012-built ODN I through a competitive tender.

Work is due to start in early 2027 after the vessel completes its current contract and finishes related preparation work.

The contract allows early termination after 1,078 days. It also includes an unpriced option to extend the term by 382 days.

Tags: Brazil offshore, drillship contract, Foresea, ODN I, Petrobras

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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