Fugro awarded four multi-year contracts by Petrobras

Petrobras has confirmed tender results awarding Fugro four multi-year contracts for the inspection and monitoring of subsea infrastructure in Brazil.

Fugro said the contract awards build on, "a history of collaboration that leverages high-tech survey technologies, including underwater robotics, to support responsible energy development in the region."

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 vessels will be equipped with Fugro’s remotely operated vehicles (ROVs) for inspection and monitoring of subsea assets.

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

Fugro said these contracts will see an expansion of its remote operations capabilities, including the remote piloting of ROVs. This technique was first deployed in Brazil from Fugro Aquarius in 2023, in collaboration with Petrobras.