Offshore

DOF Secures $2 Billion Petrobras RSV Deal

DOF Subsea secured a $2 billion Petrobras contract for four RSV newbuilds that will support subsea IMR operations offshore Brazil from 2030.

Illustration only. (Image credit: DOF)

10, May 2026
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DOF Subsea has secured contracts worth about $2 billion with Petrobras for four remotely operated vehicle support vessels.

The 12-year agreements cover the construction and operation of four newbuild RSVs for subsea inspection, maintenance and repair work in deepwater offshore Brazil.

The vessels will be built locally at Navship shipyard in Santa Catarina state, Brazil. The first two RSVs are scheduled for delivery within four years, with offshore operations expected to begin in 2030.

After the initial reference to DOF Subsea, the company said the long-term contracts support low-risk fleet growth and environmentally focused fleet renewal in the Brazilian subsea market.

The company also stated that financing for the vessels is expected to include a significant portion of local development debt funding. In addition, DOF is evaluating alternative ownership structures for the RSVs that will not affect contractual commitments to Petrobras.

Tags: DOF Subsea, Navship, offshore Brazil, Petrobras, RSV

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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