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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 3 sources · 19 days · First seen · Last updated

OceanPact offshore services expansion in Brazil

Overview

OceanPact has undergone significant structural and operational expansion in Brazil’s maritime sector. Following approval from the antitrust authority CADE, OceanPact finalized a merger with CBO, creating a combined offshore services group. This new entity operates a fleet of 70 vessels and employs over 5,000 people, focusing on subsea operations, environmental response, and integrated logistics.

Building on this integration, OceanPact signed a letter of intent with the Port of Açu to expand its operational footprint in Rio de Janeiro. The agreement includes the immediate addition of approximately 27,000 m² to its existing area, with options to incorporate an additional 60,000 m². This expansion aims to facilitate the development of a private quay to support offshore service and support vessels within the regional oil and gas supply chain.

Entities

OceanPact · São João da Barra · Rio de Janeiro · Cade · CBO

Timeline

  1. [BUSINESS] 2 sources
    Port of Açu and OceanPact sign deal to expand offshore services

    OceanPact and the Port of Açu have signed an agreement to expand offshore service capacity in Rio de Janeiro, adding significant land area and developing a new private quay for oil and gas support.

  2. [BUSINESS] 2 sources
    OceanPact and CBO complete merger to form offshore services group

    OceanPact and CBO have completed their business merger in Brazil, creating a maritime services group with 70 vessels and a R$14 billion contract backlog.

Sources

oceannews.com · offshoresource.com · petronoticias.com.br