Apertura Energy has agreed to acquire a Brazilian oilfield services business for £25 million, moving to add a services footprint in one of offshore drilling's most active basins.

The deal, reported by Yahoo Finance, puts a £25 million price tag on the acquisition and marks Apertura Energy's entry into Brazil's oilfield services sector. Brazil's presalt province offshore the Santos and Campos basins has driven sustained demand for drilling, completion and intervention services as Petrobras and its partners advance an expanding subsea development program.

Details of the transaction remain limited at this stage. The seller, the target company's name, its fleet or crew inventory, and its contract backlog have not been disclosed in the announcement as reported. The structure of the consideration — cash, shares or deferred payments — also awaits confirmation.

For Apertura Energy, the £25 million outlay signals a push to diversify beyond its existing asset base and capture services revenue tied to Brazilian offshore activity. Oilfield services contractors with presalt exposure have benefited from multi-year dayrate and contract awards as operators sanction new floating production units and infill drilling campaigns.

The acquisition will require standard Brazilian regulatory clearances, including antitrust review by CADE depending on deal size thresholds, before closing. Watch for the completion timetable, the target's disclosed backlog, and any guidance Apertura Energy issues on how the business will be integrated and financed.