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Saipem eyes Brazil’s offshore decommissioning market with Petrobras tie-up

21 May 2026

Italian offshore contractor Saipem is positioning itself for a larger role in Brazil’s emerging decommissioning market after signing a cooperation agreement with Petrobras to explore solutions for retiring ageing offshore oil and gas infrastructure. The companies have signed a memorandum of understa

Italian offshore contractor Saipem has entered a strategic memorandum of understanding with Petrobras to target Brazil’s expanding offshore decommissioning sector. As ageing oil and gas infrastructure in the Campos and Santos basins reaches the end of its operational life, Saipem aims to deploy its advanced fleet, including the FDS and Castorone, to manage complex subsea removals. This collaboration focuses on sustainable retirement solutions, ensuring that the removal of subsea assets aligns with Brazil’s stringent environmental and maritime safety standards.

The decommissioning process is heavily governed by the IMO’s Guidelines and Standards for the Removal of Offshore Installations and Structures on the Continental Shelf and in the Exclusive Economic Zone. Furthermore, operations must strictly adhere to MARPOL Annex I regarding oil discharge prevention and the SOLAS Chapter VII requirements for the carriage of dangerous goods during asset recovery. Compliance departments must ensure that all heavy-lift vessels and support craft maintain valid classification society certifications from bodies like DNV or ABS to mitigate legal risks during these high-stakes subsea operations.

This shift toward decommissioning creates new technical demands for chief engineers and second engineers operating in the Brazilian offshore market. These officers must now prioritize specialized training in subsea cutting, heavy-lift coordination, and hazardous material handling. Understanding the precise structural integrity of aging platforms is essential for safe extraction. Consequently, engineering teams should update their technical certifications to reflect the complexities of decommissioning projects, ensuring operational efficiency and strict adherence to international safety protocols during asset retirement.

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