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Brazil offshore

Oceanica Engenharia Signs Petrobras Vessel Contracts

Oceanica Engenharia signed about $736 million in new and renewed charter contracts with Petrobras, with vessel operations set to start in the first half of 2027 and continue through 2031 as backlog rises to about $2.3 billion.

Seadrill Extends West Saturn Deal Offshore Brazil

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.

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