The market for ROV services is set for continuous growth in Brazil as new deepwater fields are explored and developed.

This new pre-salt discovery in the Campos Basin, highlights the potential for new discoveries in both the pre and post salt layers of this mature basin, which up to now has been the main O&G producer in Brazil and until recently was considered by many as not having much more to give in terms of new reservoirs.

This cost isn´t only in equipment and manpower, it´s in lives, human and animal and destroyed ecosystems which will take at least a decade to recuperate. Safety must always come first. Even with the most reliable equipment and redundancy, there will always be the human factor. Nothing like a full on environmental tragedy to make for a vital attitude change: Safety first, and then all the profit scene.

C & C is known throughout the world as a technological leader in the survey field, they´ve been responsible for innovations such as C-Nav, Globally-corrected GPS and the C-Surveyor™ AUVs that have made groundbreaking advancements to the survey industry and subsequently have saved clients time and money worldwide.

The future of O&G recovery most likely lies in deepwater reservoirs. Subsea processing opens the door to more cost-efficient developments, especially for long step-outs and, marginal and deepwater fields.

This new technical cooperation agreement between Petrobras and CGGVeritas highlights the importance of geophysical studies to the future of O&G exploration in Brazil.

The recent discovery of hydrocarbon accumulations under the Albacora Leste field´s pre-salt layer confirms there potential of the Campos Basin to be a significant pre-salt producer.

FMC will deliver subsea manifolds and another range of subsea equipment to Petrobras.

Since last year OGX Petróleo e Gás has been having excellent results in its exploratory campaign in the Campos Basin.