BW Energy Backs Gabon and Brazil Growth
20, May 2026
BW Energy has approved Bourdon in Gabon and Golfinho infill wells in Brazil, targeting more than 100,000 barrels per day in 2028.
Brazil
Transocean Wins Petrobras Extension for Deepwater Corcovado
15, April 2026
Transocean has secured a 1,156-day extension from Petrobras for Deepwater Corcovado, adding about $445 million to backlog and keeping the drillship working through November 2030.
Petrobras Approves SEAP I as SBM Offshore Takes FPSO Roles
14, April 2026
Petrobras has approved SEAP I in Brazil’s Sergipe-Alagoas Basin, advancing a more than $12.0 billion offshore oil and gas development supported by two SBM Offshore FPSOs.
Norbe IX Starts Petrobras Contract
1, April 2026
Foresea has started the Petrobras contract for 6th generation drillship Norbe IX, which will work in the Sepia and Atapu fields for about three years.
Brava Energia Begins Papa-Terra and Atlanta Drilling Campaign
1, April 2026
Brava Energia has launched a four-well drilling campaign at Papa-Terra and Atlanta using Constellation’s Lone Star, with first oil targeted in Q4 2026 and Q2 2027.
OceanPact and CBO to Merge
4, March 2026
OceanPact and CBO plan to combine, forming a 73-vessel offshore support and marine services platform in Brazil with revenue above $778 million and backlog near $2.7 billion.
Valaris Preps Two Drillships for Brazil and West Africa
4, February 2026
Valaris confirmed Valaris DS-17 reached Rio for Equinor Energy do Brasil ahead of Raia work, while Valaris DS-15 completes coating and crane scopes in Spain for a 3Q 2026 West Africa start.
DOF Secures 4-Year Petrobras RSV Deal for Skandi Commander
30, December 2025
DOF signs a 4-year Petrobras RSV contract in Brazil for Skandi Commander, featuring AUV operations alongside ROV. The $150 million deal is expected to start in January 2027.
Brazil, Guyana, Argentina steer non-OPEC oil gains
18, December 2025
The EIA’s December outlook projects global crude supply up about 800,000 bpd in 2026, with Brazil, Guyana and Argentina providing nearly half of the increase as non-OPEC production continues to expand.
