NewsStocksOil States Lands Three-Year Petrobras Subsea Services Contract in Brazil

Oil States Lands Three-Year Petrobras Subsea Services Contract in Brazil

Author: Splash247·

Key Takeaways

  • Oil States Brasil won a three-year Petrobras contract covering maintenance, technical assistance, and intervention support for subsea equipment in offshore operations.
  • The agreement spans inspection, testing, maintenance, installation, operational planning, integrity analysis, engineering, spare parts, and specialist tooling, and also applies to Petrobras-participating E&P consortia.
  • The contract covers subsea valves, inline tees, PLETs, PLEMs, MCV and MCA units, RHAS equipment, and torque tools, with work combining offshore execution and remote/onshore support from Brazil.
  • Oil States has recorded 65 subsea operations of this type since 2020, including 19 so far in 2026, and is separately supplying 28 rigid jumpers via Subsea7 for the Mero 4 and Búzios 8 developments.
  • Financial terms of the contract were not disclosed.
Oil States Lands Three-Year Petrobras Subsea Services Contract in Brazil

Oil States Brasil has secured a three-year contract from Petrobras covering maintenance, technical assistance and intervention support for subsea equipment across the Brazilian state-controlled energy company's offshore operations.

The Macaé-based company said the scope of the agreement includes inspection and testing, preventive and corrective maintenance, installation and intervention work, operational planning, integrity analysis, engineering, spare parts and specialist tooling. The contract also extends to exploration and production (E&P) consortia in which Petrobras participates. Financial terms of the deal were not disclosed.

Equipment covered by the contract includes subsea valves, inline tees, PLETs (pipeline end terminations), PLEMs (pipeline end manifolds), MCV and MCA units, RHAS equipment and torque tools based on Oil States technology. Work under the agreement will combine offshore execution with remote and onshore support from the company's Brazilian operations.

Oil States said it has logged 65 subsea operations under this type of work since 2020, including 19 so far in 2026.

The company already has a sizeable Petrobras-facing subsea footprint in Brazil. It is also supplying rigid jumpers through Subsea7 for the Mero 4 and Búzios 8 developments, with 28 units being manufactured and integrated between Macaé and Açu during 2025 and 2026.

The award fits a broader pattern for Petrobras, which relies on a network of service providers to keep subsea infrastructure in working order as output from deepwater fields matures and new pre-salt capacity comes online. Sustained maintenance and intervention work of this kind is a recurring requirement for subsea production systems, and long-cycle contracts such as this one give suppliers multi-year visibility while Petrobras consolidates equipment support under fewer agreements.

Oil States Industries, the parent of Oil States Brasil, is a US-based provider of engineered products and services for the oil and gas industry, with operations spanning drilling, production and subsea markets. Petrobras, headquartered in Rio de Janeiro, is Brazil's largest company and one of the world's leading deepwater and offshore E&P operators, with extensive production activities in the pre-salt fields of the Santos Basin, where developments such as Mero and Búzios are located.