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Home Logistics News

Fugro scores $340m Petrobras deal

June 29, 2025
in Logistics News, Maritime & Ocean News
Fugro scores $340m Petrobras deal
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Dutch contractor Fugro has emerged as the successful bidder in four multi-year tenders from Petrobras for the inspection and monitoring of subsea infrastructure in Brazil.
The contracts, worth about $340m, should start in the fourth quarter of 2025 and span four years with potential one-year extensions.
The work scope will be executed using four dedicated vessels—two operated directly by Fugro and two by strategic partners. All vessels will be equipped with Fugro’s advanced remotely operated vehicles (ROVs).
Three out of the four, including the one awarded to the 2015-built RSV Fugro Aquarius, are set to replace existing contracts expiring later this year, under improved terms and conditions. The fourth contract is new.
Fugro said the contracts will see an expansion of its remote operations capabilities, including the remote piloting of ROVs. The 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.
Céline Gerson, Fugro’s director in the Americas and president of Fugro USA, stated: “These new contracts from Petrobras demonstrate the deep value of our long-standing partnership in Brazil’s offshore energy sector. 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.”
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