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Petrobras Signs New $100 Million Agreement for Use of New Offshore Inspection Robot

Written by Roberta Souza

Published on 26/06/2023 at 18:10

Updated on 26/06/2023 at 18:20

Oil and Gas

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The Agreement Aims to Utilize an Autonomous Submarine Robot from Nauticus Robotics in Petrobras’ Offshore Inspection Services

Nauticus Robotics’ shares saw a sharp increase in the pre-market in New York this Friday, driven by the announcement of an agreement with Petrobras. The American autonomous robotics company with artificial intelligence reported that the contract opens a potential market of over US$ 100 million per year. The agreement provides for the use of the Aquanaut, an autonomous submarine robot developed by Nauticus Robotics, to support Petrobras’ offshore activities, including inspection services in the Brazilian company’s deepwater production field.

In the pre-market in New York, Nauticus Robotics’ offshore shares experienced a significant increase of 33% close to 9:30 AM. This substantial growth is a result of the announcement of the agreement finalized with Petrobras, which represents an important milestone for the autonomous robotics company. Investors are showing optimism regarding the potential of this contract, which opens an estimated over US$ 100 million per year market for Nauticus Robotics.

Contract with Petrobras Strengthens Nauticus Robotics’ Position in the Offshore Sector

The agreement between Nauticus Robotics and Petrobras is a significant step for the American company to establish itself as a relevant player in the offshore sector. With the deployment of the Aquanaut, an autonomous offshore submarine robot developed by Nauticus, Petrobras will have access to an advanced and innovative solution to conduct inspection services in its deepwater production field. The initial contract for approximately two months of underwater inspection is one of the largest ever granted in the world, positioning Nauticus Robotics favorably to secure future contracts with Petrobras.

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The Agreement Signed Between Petrobras and Nauticus Robotics

The agreement between Nauticus Robotics and Petrobras has boosted the American company’s shares in the pre-market in New York. With a potential market of over US$ 100 million per year, the contract for the use of the autonomous submarine robot Aquanaut strengthens Nauticus Robotics’ presence in the offshore sector and opens opportunities for future contracts with Petrobras. This agreement acknowledges Nauticus Robotics’ quality and expertise, consolidating its position as one of the leading players in the autonomous robotics market with artificial intelligence.

Petrobras Signs New $100 Million Agreement for Use of New Offshore Inspection Robot

The Agreement Aims to Utilize an Autonomous Submarine Robot from Nauticus Robotics in Petrobras’ Offshore Inspection Services

Contract with Petrobras Strengthens Nauticus Robotics’ Position in the Offshore Sector

The Agreement Signed Between Petrobras and Nauticus Robotics

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Petrobras Signs New $100 Million Agreement for Use of New Offshore Inspection Robot

The Agreement Aims to Utilize an Autonomous Submarine Robot from Nauticus Robotics in Petrobras’ Offshore Inspection Services

Contract with Petrobras Strengthens Nauticus Robotics’ Position in the Offshore Sector

The Agreement Signed Between Petrobras and Nauticus Robotics

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With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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