Topic
brazil
Logistics OceanPact Acquires Dock Brasil Ship Repair Yard Near Rio de Janeiro for $23.1M
OceanPact has acquired Dock Brasil, a ship repair yard near Rio de Janeiro, for $23.1 million. The deal strengthens OceanPact's capacity to serve the maritime support vessel industry, with completion expected by August 31. The acquisition follows a previous merger agreement with CBO, which will give the combined group a fleet of 73 vessels and annual revenues over $778 million.
Commodities Petrobras and Pemex Sign MoU for Gulf of Mexico Oil and Gas Cooperation
Brazilian state oil company Petrobras and Mexican state oil company Pemex have signed a memorandum of understanding to cooperate on hydrocarbon projects in the Gulf of Mexico. The two-year agreement covers exploration and production in deepwater and mature fields, as well as industrial activities including refining, petrochemicals, and lower-carbon fuels.
Logistics Transpetro signs $427m contract for four MR1 tankers to boost Brazilian coastal fleet
Transpetro, the logistics arm of Petrobras, has signed a $427m contract with Estaleiro Rio Grande for four 40,000 dwt MR1 tankers. The vessels will transport oil and petroleum products along the Brazilian coast as part of the Mar Aberto programme, which aims to renew and expand Petrobras' shipping capacity with a total investment of about $6bn from 2026 to 2030. First delivery is expected within 33 months, and the company's owned fleet will grow from 26 to 42 vessels by 2030.
Commodities TGS and SLB Launch Pelotas Sul 3D Seismic Survey Offshore Southern Brazil
Oslo-listed seismic data specialist TGS, in a joint venture with SLB, has announced the Pelotas Sul Phase 1 multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil. The survey covers approximately 13,500 sq km, with the Ramform Tethys mobilised and data acquisition expected to be completed in early Q3 2026. The Pelotas Basin has seen growing interest due to geologic analogues and underexplored play concepts.
Commodities Petrobras Awards $88.75M Decommissioning Contract to OceanPact for Marlim Field
Brazilian offshore vessel owner OceanPact has secured a R$443.7m ($88.75m) contract from Petrobras to provide pull-out and collection services for flexible lines in the decommissioning of stationary production units at the Marlim field. The work will focus on the risers of the P-18 platform in the Campos Basin. This contract follows a previous decommissioning deal worth over R$1bn with Trident Energy, also in the Campos Basin.
Regulations & Compliance Brazil's Biofouling Rules: $9M Fines Loom for Non-Compliance
Effective June 17, 2026, Brazil's new biofouling regulations mandate commercial vessels over 24m to comply with strict management plans and inspections, with fines up to $9M for violations. Full enforcement begins January 10, 2028.
Logistics Brazil-Europe Green Shipping Corridor Initiative
A consortium led by the Global Maritime Forum and RMI is set to establish a green shipping corridor between the Port of Açu in Brazil and the Port of Antwerp-Bruges in Belgium. This initiative aims to facilitate zero-emission shipping using e-ammonia and e-methanol.
Logistics AD Ports Expands into Brazil with $835m Agri-Bulk Acquisition
AD Ports Group has made its largest acquisition by purchasing Brazilian agri-bulk terminal operator CLI for $835 million. This strategic move marks AD Ports' entry into the South American market, enhancing its agrifoods business and establishing new trade links.
Trade U.S. Proposes 25% Tariff on Brazil Amid Trade Tensions
The U.S. Trade Representative has proposed a 25% tariff on Brazilian goods, excluding key items, following an investigation into Brazil's trade practices. This move aims to address unfair practices and replace a previously invalidated 50% tariff.
Business SBM Offshore Secures Petrobras FPSO Contracts in Brazil
SBM Offshore has secured contracts from Petrobras for two FPSO projects in Brazil's Sergipe-Alagoas basin. These contracts are expected to enhance Brazil's domestic gas supply and minimize offshore flaring.