Brazil’s OceanPact Secures $640 Million Petrobras Contracts for ROV Support Vessels

Brazil’s state-owned oil & gas giant Petrobras has awarded compatriot OceanPact with four new contracts worth approximately BRL 3.2 billion (around $640 million) for the charter of remotely operated vehicle (ROV) support vessels (RSVs).

Founded in 2007 in Rio de Janeiro, OceanPact offers services for the study, protection, monitoring, and sustainable use of the sea, the coast, and marine resources for different sectors, such as oil & gas, energy, mining, telecommunications, port, navigation, tourism, fishing, and aquaculture. The company operates a fleet of 28 owned vessels.

Over a four-year period, Parcel do Bandolim, Parcel das Timbebas, Parcel das Paredes, and Parcel dos Reis will, with ROVs, provide inspection of subsea structures, preventive and corrective maintenance, installation and removal of subsea equipment, among other activities, across Petrobras’ offshore units.

OceanPact is responsible for the full operation of the vessels and the ROVs, which are capable of operating at depths of up to 3,000 meters.

The company at the end of last year signed a BRL 697 million contract with Petrobras for the chartering of the Ilha do Mosqueiro vessel offshore terminal support vessel (OTSV), also on a four-year term.