Brazil's offshore support fleet continues to operate with more than 470 vessels under Brazilian Jurisdictional Waters (AJB), making it one of the largest offshore support fleets worldwide. While current fleet levels demonstrate strong market resilience, continued...

ANP has approved the inclusion of 86 exploratory blocks in the Equatorial Margin for future Permanent Offer bidding cycles. Market Impact The measure significantly expands Brazil's long-term exploration portfolio and may: attract new international oil companies...

Brazilian offshore support companies have confirmed that they are preparing to meet the expected operational demand arising from future exploration activities in the Equatorial Margin, one of Brazil's most promising offshore frontiers. Market Impact The expected...