Brazil expands offshore decommissioning and recycling infrastructure

The Brazilian offshore industry is seeing significant expansion in decommissioning and recycling services. BR Offshore plans to invest between R$ 800 million and R$ 950 million to establish a large shipyard in Barra do Furado, located between Campos dos Goytacazes and Quissamã. The 6 million square meter facility will focus on the decommissioning and recycling of ships, platforms, and other oil and gas structures, with the potential to create up to 4,000 jobs. Construction is expected to begin between late 2026 and early 2027.

In Bahia, a consortium led by Belov and including Braserv is preparing to begin decommissioning operations at the Itaparica field in the Bay of All Saints. Following a contract with Petrobras valued at approximately R$ 50 million, the project involves the permanent abandonment of five wells and the decommissioning of six jackets. The scope includes engineering, survey, removal of lines, and metal scrap recovery, aiming for the full decommissioning of the structures.