Brazilian state-controlled oil company Petrobras is due to welcome commercial proposals later this month in a tender for the decommissioning of disused and obsolete subsea equipment in the Campos basin.

Petrobras plans to invest more than $4 billion in decommissioning activities in Brazil by 2026, and the bidding opportunity is the latest engineering, preparation, removal and disposal (EPRD) contract to be offered in the market.

The tender, labelled by industry sources as designed to collect “scrap and fragments” left in the seabed from some Petrobras deactivated production platforms in Campos, will see contractors submitting bids on 30 September.