Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Petrofac, CBI Deal Faces Hurdle as Creditor Arrangement Challenged

March 4, 2026

Contractors Claim Unpaid Wages at Handshake AI

March 4, 2026

Oil Prices Hit 19-Month High at $83.44 Amid Escalating Iran-Israel Conflict, ETEnergyworld

March 4, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Fugro awarded $340 million in Petrobras contracts for Brazil subsea inspections
Executive Moves

Fugro awarded $340 million in Petrobras contracts for Brazil subsea inspections

omc_adminBy omc_adminJune 30, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Petrobras has awarded Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil.

The contract wins strengthen Fugro’s decades-long partnership with Petrobras, building on a history of collaboration that leverages high-tech survey technologies, including underwater robotics, to support responsible energy development in the region, Fugro said in a news release. 


the Fugro Aquarius

The contracts, once signed, will commence in the fourth quarter of 2025 and span four years with potential one-year extensions. Each of the four day-rate contracts is assigned to a dedicated vessel—two operated by Fugro and two by partner companies—all of which will be equipped with Fugro’s remotely operated vehicles (ROVs) for comprehensive and precise inspection and monitoring of subsea assets.

The combined value of the contracts over the next four years is approximately $340 million. Three out of the four, including the one awarded to Fugro Aquarius, are set to replace existing contracts expiring later this year, under improved terms and conditions. The fourth contract is new.

Notably, these contracts will see an expansion of Fugro’s remote operations capabilities, including the remote piloting of ROVs. This innovative technique was first deployed successfully in Brazil from the Fugro Aquarius in 2023, in collaboration with Petrobras. The approach relocates people from the field to the office environment, enhancing efficiency, and enabling real-time data analysis for faster decision-making.

“These new contracts from Petrobras demonstrate the deep value of our long-standing partnership in Brazil’s offshore energy sector,” said Céline Gerson, Fugro’s Group Director in the Americas and President of Fugro USA. “Being selected for this crucial work, which will extend through the decade, fuels our continued drive for innovation and unwavering commitment to excellence as we work collaboratively to ensure a responsible and resilient energy future in the region.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Subsea7 announces CEO transition ahead of planned Saipem merger

March 4, 2026

Extended Hormuz closure could push oil toward $110, analyst warns

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Subsea7 announces CEO transition ahead of planned Saipem merger

By omc_adminMarch 4, 2026

(WO) – Subsea7 announced that Chief Executive Officer John Evans will retire on June 30,…

Extended Hormuz closure could push oil toward $110, analyst warns

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Iran conflict raises risk of oil and LNG supply shock, Enverus says

March 3, 2026
Top Trending

XeleratedFifty Acquires Carbon Management Platform Terrascope

By omc_adminMarch 3, 2026

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

By omc_adminMarch 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

By omc_adminMarch 3, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Petrofac, CBI Deal Faces Hurdle as Creditor Arrangement Challenged

March 4, 2026

Oil Rally Pauses After Trump Pledge

March 3, 2026

UAE Reports Major Fire at Fujairah Oil Hub

March 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.