Tidewater to Acquire WSUT for $500 Million
23, February 2026
Tidewater signs a $500 million all-cash agreement for WSUT, adding 22 PSVs, expanding Brazil presence from 6 to 28 vessels, and bringing $441 million backlog.
Brazil offshore
Floatel Victory Locked In for Brava Energia MSU Work
5, February 2026
Floatel International has signed a firm six-month MSU contract with Brava Energia for the 2013-built Floatel Victory offshore Brazil, with work due to start in Q4 2026 and options to extend.
MSC Rejects Northern Sea Route for Container Shipping
31, January 2026
Seadrill has secured a one-year extension for drillship West Saturn after Equinor Brasil Energia exercised a priced option. The deal adds $114 million to backlog and runs through October 2027.
Seadrill Extends West Saturn Deal Offshore Brazil
31, January 2026
Seadrill has secured a one-year extension for drillship West Saturn after Equinor Brasil Energia exercised a priced option. The deal adds $114 million to backlog and runs through October 2027.
Seadrill Wins New Work for West Capella and West Elara
22, January 2026
Seadrill awarded new contracts for West Capella in Malaysia and West Elara with Equinor AS in Norway, while extending West Carina through April 2026.
Brouwersgracht, Bloemgracht Set Course for Brazil’s Raia Start
16, January 2026
Spliethoff’s m/v Brouwersgracht and m/v Bloemgracht clear Rio and sail to Guarujá to begin Raia Project operations, supplying about 200,000 m of pipeline for Saipem.
Petrobras and Equinor Secure Key Offshore Blocks in Brazil’s Latest Pre-Salt Auction
23, October 2025
Petrobras and Equinor won key offshore oil blocks in Brazil’s latest pre-salt auction, reinforcing their strong presence in the country’s deepwater sector.
Petrobras Receives IBAMA Approval to Drill Exploratory Well in Brazil’s Equatorial Margin
21, October 2025
Petrobras has received IBAMA’s environmental authorization to begin exploratory drilling in Brazil’s Equatorial Margin near the Amazon River’s mouth, ending a costly delay and advancing its offshore program.
MODEC’s FPSO Bacalhau Achieves First Oil in Brazil’s Santos Basin
18, October 2025
MODEC and Equinor celebrate First Oil from the FPSO Bacalhau in Brazil’s Santos Basin, marking a major step in pre-salt development.
